Christian Retailing

NEWSLETTERS Current Issue Simon & Schuster income up despite sales dip
Simon & Schuster income up despite sales dip PDF Print E-mail
Written by Christine D. Johnson   
Monday, 12 May 2014 09:05 AM EDT

TheWomenOfDuckCommander-webSimon & Schuster publishing revenues for the first quarter of 2014 decreased 11% to $153 million, down $18 million from the same prior-year period, as 2013’s first quarter benefited from the continued success of fourth quarter 2012 releases, CBS Corp. reported.

E-book sales comprised 29% of the company’s total revenues from publishing in the first quarter.

Despite the decline in revenues, CBS reported that publishing OIBDA (operating income before depreciation and amortization) for the first quarter increased 8% to $13 million from $12 million for the same prior-year period, as lower revenues were more than offset by a decrease in operating expenses.

Best-selling titles for the first quarter included the Robertsons’ The Women of Duck Commander (Howard Books) and Rush Limbaugh’s Rush Revere and the First Patriots (Threshold Editions).

 

In this current issue:

Retailers expect holiday return fraud of $3.8 billion

News image

Techniques and processes put in place to thwart criminal activity...

READ MORE

Lifetime's 'Designing Spaces' to feature Family Christian Stores

News image

Award-winning home improvement show Designing Spaces will feature Family Christian...

READ MORE

Merry Christmas from ‘Christian Retailing’

News image

There will be no Christian Retailing Update on Christmas Day,...

READ MORE

Interactive B&H Bible storybook tops CBA list

News image

B&H Kids’ The Big Picture Interactive Storybook Bible is No. 1on...

READ MORE

IVP’s ‘Teach Us to Want’ named CT Book of the Year

News image

Christianity Today (CT) magazine has named its 2015 Book Awards,...

READ MORE

B&H Books celebrates CT Award of Merit

News image

B&H Publishing Group’s The Measure of Success by Carolyn McCulley...

READ MORE

Carpentree opens AmericasMart Atlanta showroom

News image

Carpentree has announced the opening of a new gift and...

READ MORE

Elementary students help translate the NIrV Bible

News image

Zonderkidz presented new Bibles to the fifth and sixth grade...

READ MORE

Author Jane Kirkpatrick celebrates sales milestone

News image

Award-winning author Jane Kirkpatrick now has more than 1 million...

READ MORE

Nielsen: Teens prefer print to e-books

News image

Teens are known to be early adopters of new technology...

READ MORE

Religious presses see September sales boost

News image

Faith-based publishers saw sales rise in September, according to the...

READ MORE

Author Don Gossett leaves legacy of praise

News image

Best-selling Whitaker House author Don Gossett died Wednesday, Dec. 10,...

READ MORE
100%
-
+
0
Show options

a