Amazon to Buy $400M in Kornit Digital Printing Equipment, Open New Merch by Amazon Facility (piworld.com)

Revenue at Simon & Schuster rose 10% in the second quarter ended June 30, 2017, over the comparable period in 2016, and operating income increased 8%, S&S parent company CBS reported. It was the second consecutive quarter that revenue at S&S grew by double digits in 2017. Revenue in the most recent period was $206 million, up from $187 million, and earnings rose to $28 million from $26 million a year ago. The increase was led by growth in print book sales as well as digital audio. Results also include Adams Media, which S&S bought last November. S&S CEO Carolyn Reidy said the company's children's, audio, and international divisions all had double digit sales increase in the quarter, while sales in the adult group rose by single digits. With digital audio posting another strong quarter, sales of the format were up 34% in the first half of 2017 over the same period of 2016. Reidy estimated that S&S will increase its title output of digital audio by 20% to 25% for the year. Click Read More below for additional detail.

On October 6, 7, and 8, 2017, The New Yorker will present its eighteenth festival, an annual celebration that brings the breadth and the spirit of the magazine to life across New York City. Over three days, New Yorker writers and editors will sit down with the world’s leading writers, artists, filmmakers, actors, comedians, politicians, activists, and athletes. The foremost cultural event of the fall will also feature live performances, film previews, and excursions throughout New York City.

Through the first seven weeks of the third quarter, the average time for delivery of mail and packages across the postal network remained just 2.4 days. Third quarter service performance scores covering April 1 through May 20 included: *First-Class Mail: 93.5 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.6 percentage points from the fiscal second quarter. *Marketing Mail: 95 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.8 percentage points from the fiscal second quarter. *Periodicals: 86.5 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5 percentage points from the fiscal second quarter.