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.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”