Digital revenues for Simon & Schuster US climbed 64% in the first quarter of the year, while print sales also rose.
In S&S’ parent company CBS Corporation’s financial results for the first quarter to 31st March 2012, the company said publishing revenues increased 14% to $176m from $155m for the same period last year.
S&S attributed the hike in sales to its digital publishing arm, which represented 26% of the company’s total revenues, its “highest to date” according to the publisher. S&S US also increased its sales of print books; the company said operating income before depreciation and amortization (OIBDA) increased 43% to $10m from $7m for the same period the year before.
Больше четверти выручки самого маленького издательства американской книжной «Большой шестёрки», Simon & Schuster, дочки CBS Corp., в I квартале 2012 года пришлось на электронные книги.