Simon & Schuster said that the publisher is on track to deliver “record profits” and will see its best margins ever. The success is being credited to the publisher’s award-winning titles as well as the sophisticated ways they’ve been reaching out to readers.
The publisher’s digital revenues are at 27% of their total sales, providing that they’re working hard to keep pace with new trends in technology and reading habits.
After so many years of sad tidbits, it’s great to see that one of the legacy publishers still knows how to get the formula right…even when the formula keeps shifting.