Simon and Schuster Inc.
December 22, 2016 at 12:50 pm
Despite what she described as a “tumultuous year in both the U.S. and around the world” in her year-end letter to S&S employees, S&S CEO and president Carolyn Reidy hailed 2016 as “a period of relative stability in the publishing marketplace.” In her letter, Reidy cited a year of bookselling success for S&S, led by…
December 19, 2016 at 12:02 pm
Simon & Schuster's president and c.e.o. Carolyn Reidy has urged colleagues to "resist censorship" in an email to staff in which she summed up 2016 as a "tumultuous year" politically and culturally. Reidy said it was S&S' "responsibility" both to "resist censorship" and "to stand unequivocally for freedom of speech" — "no matter how difficult…
August 3, 2016 at 1:10 pm
This post examines the latest quarterly financial reports from the big 5 book publishers and tries to draw some conclusions from the data. The big 5 are, of course, Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster. These companies are often seen as emblematic of the state of traditional trade book publishing in the…
May 24, 2016 at 1:58 pm
According to Publisher’s Weekly, a report by the Association of American Publishers’ shows that overall publishing industry sales fell by 2.6% last year when compared to figures from 2014. Now that we have a clearer picture of the industry’s struggles in 2015, we can tell that sales declined in five of the seven major markets.…
May 23, 2016 at 9:31 am
A book is a book, except when it comes to ebook royalties. That's the premise of a class action lawsuit filed on Thursday, May 19, 2016, in the Supreme Court of the State of New York by class representative Sheldon Blau, MD. The lawsuit alleges Simon & Schuster has been cheating its authors by improperly categorizing…
May 5, 2016 at 2:18 pm
NEW YORK — May 3, 2016 — CBS Corporation (NYSE: CBS.A and CBS) today reported results for the first quarter of 2016, including quarterly records for operating income and diluted earnings per share. “CBS delivered a spectacular quarter as we continue to execute on our strategy of creating and distributing the content that audiences have…
February 25, 2016 at 11:55 am
As a young Pakistani-American Muslim girl growing up in Connecticut, Zareen Jaffery used to devour novels by Beverly Cleary and Judy Blume, hoping those stories would offer some clues for how to fit in. “I remember looking at books to try to figure out, ‘What does it mean to be American? Am I doing this…
February 19, 2016 at 2:28 pm
A federal appeals court on Wednesday upheld Apple Inc's $450 million settlement of claims that it harmed consumers by conspiring with five publishers to raise ebook prices. The 2nd U.S. Circuit Court of Appeals in Manhattan rejected a challenge by ebooks purchaser John Bradley to the fairness, reasonableness and adequacy of Apple's class-action antitrust settlement…
February 10, 2016 at 2:25 pm
Simon and Schuster’s digital marketing team is officially retiring PulseIt, one of the earliest YA fan sites created by a publisher, to unveil Riveted, a website for YA fans with the tagline “YA fiction is our addiction.” The aim of the site is to engage fans with articles, quizzes, free content, and social media campaigns…
January 8, 2016 at 12:58 pm
Penguin Random House announced the sale of Author Solutions on Tuesday, leading to headlines stating it has exited the self-publishing business and various commentators congratulating it for cleaning house. Unfortunately, neither of those things are true. Four Penguin Random House-owned vanity presses will remain in operation – Partridge India, Partridge Singapore, Partridge Africa, and MeGustaEscribir…
