Springsteen helps S&S to 11% rise in third quarter sales

Springsteen helps S&S to 11% rise in third quarter sales

Books by Bruce Springsteen and Amy Schumer have helped Simon & Schuster to an 11% year-on-year increase in its third quarter revenue to $226m (£181m).

Both digital and print sales have lead to the increase, S&S’s parent company CBS has reported, including singer Bruce Springsteen’s memoir Born To Run and comedian Schumer’s The Girl WithThe Lower Back Tattoo.

Altogether digital revenues represented 23% of S&S’s total revenues for the third quarter.

Despite the 11% hike in sales, operating profit for the publisher increased by just  $1m to $44m (£35.26m) for the third quarter, “as the increase in revenues was largely offset by higher production and selling costs,” the company said.

Springsteen claimed the number one spot in the UK book chart last month, claiming S&S UK its fifth overall number one since records began. Born To Run has so far sold 91,875 print copies for £1.03m in the UK, figures from Nielsen BookScan show, while Schumer’s title has shifted 12,544 copies for £150,144 and a further 3,544 in trade paperback.

CBS does not break out S&S results by territory.