S&S sales up slightly in 2015
Simon & Schuster has recorded global sales of US$780m (A$1,098m) in 2015, up 0.25% from US$778m (A$1,095m) the previous year, report Publishers Weekly and the Bookseller. Parent company CBS released the publisher’s fourth quarter and full-year results on 11 February. Sales were up 8% to $233m ($328m) in the fourth quarter, with a rise in print book sales helping to offset a drop in ebooks. Digital sales (including digital audiobooks) accounted for 25% of S&S’s revenue in 2015, down from 26% in 2014. Sales were strong in the audio and children’s divisions, with the ‘Dork Diaries’ series performing strongly in the latter. Sales in the adult division were about even with 2014, according to S&S CEO Carolyn Reidy.
Category: International news