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:

CBA recasts retail show to unite Christian products industry

News image

From content creators to church bookstore managers, the Christian products...

READ MORE

Gift exhibitors pleased with buyers’ response at Unite 2016

News image

Gift vendors report mostly positive experience at Unite 2016, although...

READ MORE

New Voskamp, Cahn titles headline upcoming releases

News image

Exhibitors at Unite 2016 promoted key upcoming book and Bible...

READ MORE

CBA proposes new business model for member retailers

News image

CBA and Content Road Media have joined in a strategic...

READ MORE

Hip-hop, science fiction cited as Christian product trends

News image

CBA’s Christian Product Trends workshop gave retailers attending Unite 2016...

READ MORE

Nielsen research, panel review state of Christian market

News image

Four of the Christian products industry’s CEOs shared their thoughts...

READ MORE

Targeted marketing, data tracking help Parable, Covenant stores

News image

The Parable Group and Covenant Group make targeted marketing and...

READ MORE

Logos group names Walter Wangerin Author of the Year

News image

Best-selling author Walter Wangerin was named Author of the Year...

READ MORE

DaySpring director highlights need for ‘real’ customer connections

News image

Christian retail customers long for community, says DaySpring Brand Director...

READ MORE

CBA honors international publisher with Lifetime Achievement Award

News image

CBA honored Jean-Luc Cosnard, a Christian publishing innovator and former...

READ MORE

James Rubart wins Christy Award Book of the Year

News image

The 2016 Christy Award winners were announced Monday in a much...

READ MORE

Christian retailers encouraged to 'stand and engage'

News image

Christian retailers and suppliers were called to "Stand and Engage"...

READ MORE
100%
-
+
0
Show options

a