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Simon & Schuster

Simon & Schuster to publish more reworked Twilight fanfic
November 8, 2012 | 8:04 pm

Ever since reworked Twilight fanfic Fifty Shades of Grey hit bookstore shelves and immediately burned a path up the charts, many publishers have been giving more serious consideration to fanfic. Might it make a decent source of publishable stories, a sort of Internet slushpile they could mine for nuggets at their leisure? But it seems that history shows yet again that you can always count on someone to learn the wrong lesson: If one Twilight fanfic is able to strike it big, why not try again with another one? A Simon & Schuster imprint has just made a “substantial” book deal...

Simon & Schuster settles price-fixing class-action lawsuit
May 18, 2012 | 12:55 am

CNet reports that Simon & Schuster, who has already settled its antitrust dispute with the Department of Justice, has joined HarperCollins and Hachette in settling the price-fixing class-action lawsuit by 29 states overseen by judge Denise Cote (who issued a ruling a couple of days ago denying the publishers’ and Apple’s motion to dismiss). The terms of the settlement have not yet been announced. This leaves the remaining defendants the same in both legal actions: hold-outs Macmillan, Penguin, and Apple. It seems doubtful any of them will be inclined to settle....

Kristine Kathryn Rusch: Publishers mishandle indie authors, fail to learn from mistakes
April 22, 2012 | 9:18 pm

In her latest “The Business Rusch” column, Kristine Kathryn Rusch calls attention to the fact that this year a reporting Pulitzer went to an online-only publication, the Huffington Post, for the first time ever. Most traditional news outlets have been concentrating on the fact that no fiction Pulitzer was awarded this year, because (Mrs. Rusch posits) the Huffington Post news scared them. Rusch points out that even if the Post is a non-traditional publication, the reporter who penned the story is a 66-year-old seasoned journalist who has worked for many traditional publications in his time—and uses the “traditional...

Big Six publishers decline to renew contract with Amazon over unfavorable terms
April 10, 2012 | 3:39 am

Salon Magazine has an extremely lengthy story looking at Amazon, and bringing up a couple of points I hadn’t heard about before. In main, the article looks at Amazon’s habit of making quiet but substantial grants to various small independent publishing organizations, totaling about $1 million per year. Is it done to support indie publishing, or silence Amazon’s most strident critics? The Salon piece is more even-handed than the last article I covered on this theme. But the really interesting part is actually buried in the second section of the article, which mentions something I hadn’t heard elsewhere: Salon claims that...

Some publishers more willing to settle with DOJ than others over e-book pricing
April 7, 2012 | 12:49 pm

The Wall Street Journal has some further news on the putative e-book pricing settlement in the US Justice Department and European Commission joint anti-trust investigation of the “Agency Five” publishers plus Apple. Anonymous sources have told the Journal that three publishers are inclined to settle and two others (plus Apple) are holding out. HarperCollins, Hachette, and Simon & Schuster reportedly favor settling, while Penguin and Macmillan (plus Apple) do not. (Random House, who waited a year to implement agency pricing, was not part of the investigation.) "The companies involved know very well under which conditions we...

Simon & Schuster John Locke publishing deal lets Locke keep self-publishing e-books
August 23, 2011 | 9:15 pm

JL-HowISoldAMillionSimon & Schuster has entered a deal to start publishing books by self-publishing star author John Locke. There’s not so much that’s new about that in and of itself—after all, just a few months ago several publishers bid on works by self-publishing star Amanda Hocking. But something that is new, the Bookseller points out, is the terms of the publishing agreement: Simon & Schuster is just taking the print books and creating a new imprint to do it, and Locke will continue self-publishing his own e-books. Not only does this mean S&S is splitting print and digital rights—something publishers...

Penguin, Simon & Schuster now claim 14-15% of sales are ebooks
August 3, 2011 | 12:51 pm

Yesterday, Simon & Schuster's parent company CBS announced that while the publisher made less money last quarter than the one before, ebook sales accounted for a greater percentage: Publishing revenues for the second quarter of 2011 decreased 3% to $183 million from $189 million for the same prior-year period, as strong growth in the sale of more profitable digital content was offset by lower print book sales. Digital content revenues for the second quarter of 2011 more than doubled last year's second quarter digital sales and represented 15% of Publishing's total revenues. This is in line with what Pearson reported about...

Simon & Schuster reports increased profits thanks to digital sales
May 5, 2011 | 12:07 pm

We’re all used to the idea that publishers are struggling to stay afloat in this brave new e-book-and-pirate-infested recessionary world. This is why they can’t pay greater royalties on lower-marginal-cost e-books, and why they want to keep their e-book prices high so consumers don’t come to devalue e-books (or to protect sales of hardcovers, whichever explanation you prefer). But every so often publicly-held corporations are required to let the public know how they’re doing, and Simon & Schuster just announced that, thanks to e-books, its recent revenues are up considerably. For the three months to...

For libraries, e-books are a complicated issue
April 26, 2011 | 11:30 pm

Publishers Weekly takes a long, interesting look at the question of library e-books and what they mean for both the publishing and library industries. To some librarians’ surprise, library e-books are proving extremely popular with patrons. "It's amazing," says Diane Eidelman, administrator for member services at the Suffolk Cooperative Library System, a consortium of over 50 libraries on New York's Long Island. "We just can't keep up with the e-book demand. We'll purchase an enormous amount of content, and within 24 hours it's all checked out." Indeed, the numbers tell the story....

Simon & Schuster’s ebook revenues at about 8% of adult sales
August 4, 2010 | 9:14 am

images.jpgSimon & Schuster's profits are up and so are revenues. The revenue increase was, in part, because of increased digital content sales. Their CEO, Carolyn Reidy, reports the Bookseller: ... echoed other US publishers in indicating that ebook sales "right now" were approximately 8% of adult sales, but added that the exact percentage has been changing every month. With a nod to the Odyssey Editions flap, Reidy estimated that the number of titles it had available digitally would double if they were able to agree upon royalty rates with rightsholders for titles not yet available electronically. Reidy said they were...

Simon & Schuster introduces mobile website
July 7, 2010 | 12:21 pm

Screen shot 2010-07-07 at 12.19.59 PM.pngS&S has opened a new mobile website specifically tailored for smartphones and other mobile devices. According to the press release the site includes: Author pages including popular features such as exclusive Author Revealed and Author Voices content, videos, and bios. · Books and series pages, with excerpts, descriptions, audio and excerpts · A dedicated Video hub similar to the similar to the site · Full-site search capability · Signups for...

Simon & Schuster Canada making its books available on iBooks
July 1, 2010 | 10:55 am

simon.jpgGood news for Canadians! From the press release: Simon & Schuster Canada is pleased to announce that it is making ebooks available on Apple's new iBookstore in Canada starting today.  iBookstore is included in the free iBooks app for iPad, iPhone and iPod touch (  Among the ebooks now available on iBookstore are internationally bestselling titles from Stephen King, Kathy Reichs, Jodi Picoult, Robin Sharma and Cassandra Clare. ...

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