Peter Kafka

Recent Posts by Peter Kafka

E-Book Boom Boosts Simon & Schuster

All of those Amazon Kindle sales–and, presumably, sales of competitive e-book readers from Barnes & Noble and Apple–have made an impact at publisher Simon & Schuster. The CBS unit says Q1 digital sales doubled over the previous year, and now represent 18 percent of the company’s revenue. Overall sales were up only 2 percent, to $155 million, but the higher margin on those digital sales means profits “more than doubled” to $7 million.


Latest Video

View all videos »

Search »

The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald