Simon & Schuster, Inc.

If you're a fan of Stephen King, Mary Higgins Clark, or Larry McMurtry, then you're a fan of Simon & Schuster. The publishing arm of CBS prints the work of these and other popular authors of consumer fiction and nonfiction books under various imprints. The company leverages its connection with CBS through products related to its various TV properties (such as The Bro Code based on CBS's How I Met Your Mother). It also publishes audio books and e-books compatible with devices such as Amazon's Kindle and Apple's iPad, and operates Simon & Schuster Children's Publishing.

Geographic Reach

Internationally, Simon & Schuster has publishing and distribution capabilities in Canada, India, the UK, and Australia. It also has a sales presence in major markets across the globe, and distribute its titles in more than 100 countries and international territories.

Operations

All total, Simon & Schuster publishes some 2,000 titles annually. The company's books are published through Simon & Schuster Adult Publishing, which reaches a variety of consumers through various niche imprints. Its Howard Books targets religious readers, its Threshold Editions targets conservative readers, and Strebor Books targets African-American readers. Its Simon & Schuster Children's Publishing division publishes titles from high-profile brands and characters such as Dora the Explorer and SpongeBob SquarePants.

Financial Performance

The company’s revenue increased by 2% in fiscal 2013 compared to the previous year. The small spike reflected growth in digital book sales. Digital book sales increased 22% year-over-year and represented 27% of Publishing's total revenues for fiscal 2013 compared to 23% in fiscal 2012.

Strategy

Through its Simon & Schuster Digital, the publisher is looking to the Internet to reach readers in a variety of ways. Seeking a more direct line to consumers, Simon & Schuster sells books directly to readers via its website. In addition, a mobile edition of its site lets users shop, search, and view book excerpts and video on iPhone, Blackberry, and other mobile devices.

The company continues to foster relationships with popular authors in order maintain a stable of notable works. In 2012 Simon & Schuster imprints placed 317 titles on the New York Times bestseller list, including 35 #1 bestsellers.

During 2014 the company formed a sales and distribution agreement with Regan Arts. The deal means Simon & Schuster will handle global sales and distribution for all of Regan Arts' titles in print and electronic editions. Also during Simon & Schuster entered into a sales and distribution agreement with Victory Belt Publishing. Simon & Schuster will handle global sales and distribution for all Victory Belt Publishing titles. Victory Belt Publishing is a leading publisher of books on health and fitness.

Company Background

Simon & Schuster was founded in 1924 by Richard L. Simon and M. Lincoln Schuster. 

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Simon & Schuster, Inc.


1230 Avenue Of The Americas
New York, NY 10020-1586
Phone: 1 (212) 698-7000
www.simonandschuster.com

STATS


  • Employer Type: Subsidiary
  • President and CEO: Carolyn Reidy
  • EVP and Publisher, Atria Books: Judith Curr
  • President and CEO: Carolyn Reidy

Major Office Locations

  • New York, NY

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