London Book Fair 2013

Special link: London Book Fair 2013

Saturday, August 6, 2011

Ebooks now 15% of Simon & Schuster revenue

CBS posted their Q2 financial report, and one of the high points was Simon & Schuster. In spite of profits being down 3% last quarter ($183 million from $189 million Q2 2010), ebook revenues were up. They’re now reported as being ~15% of revenue for that quarter. That works out to about $27.5 million, which is a pretty penny. It's more than double last year's reported sales

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