Simon & Schuster, the book publishing giant, which is on the block, sorely needs John Bolton’s new book, “The Room Where it Happened,” to be a mega hit.
But the publisher was forced to postpone the scheduled launch date from March 17 to May 12.
“The new date reflects the fact that the government review of the work is ongoing,” S&S said earlier this week.
The publisher paid a reported $2 million to the former top national security advisor to President Trump, who has hinted that he has dramatic disclosures to make regarding the president and Ukraine.
S&S could use a big hit. The publisher’s revenue last year fell 1 percent, to $814 million, and operating income before depreciation and amortization declined to $143 million, from $153 million in 2018.
Fourth-quarter revenue fell 29 percent, because in 2018 it had a runaway bestseller in Bob Woodward’s book “Fear.”
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