Margins Up At Wiley

Although total sales for the fiscal year ended April 30 rose only 2%, to $1.79 billion, at John Wiley, operating income increased 13%, to $280.4 million, boosting the company’s operating margin to 15.7%. Wiley said 40% of its revenue came from digital products and the company will continue to focus on publishing “must have” information. That focus led to the purchase earlier in the fiscal year of Inscape Holdings and the decision to put up for sale some consumer assets (travel, culinary, general interest, nautical, pets, crafts, Webster’s New World, and Cliff’s Notes), which had sales in fiscal 2012 of $80 million and a $6 million contribution to profit. Wiley had little updated information on the possible divestiture, with CEO Stephen Smith telling analysts only that “we are fully engaged in the process of finding a right buyer and situation for our consumer assets.” Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-06-22 00:00:00 UTC ]
News tagged with: #fiscal year #$80 million #updated information #operating margin #digital products

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Wiley launches content sharing across 1,700 journals

Publisher John Wiley has launched a content sharing initiative across its research portfolio, following a successful four-month trial run earlier this year. Continue reading at The Bookseller

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Penguin Random House is recording two editions of its Minecraft novel's audiobook - one narrated by actor Jack Black and the other by actress Samira Wiley - to reflect the fact that its protagonist is "gender neutral".  Continue reading at The Bookseller

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Print Books Weak Spot for Wiley in Fiscal 2017

Declines in John Wiley’s publishing segment offset increases in its research and solutions categories in the fiscal year ended April 30. Sales of books fell 11% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-13 00:00:00 UTC ]
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Creative Future: bringing new writers from the margins to the mainstream

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Allin resigns as Wiley c.e.o.

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[ The Bookseller | 2017-05-10 00:00:00 UTC ]
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Publishers Did Marginally Better in 2016

Four of the five large publicly held trade publishers managed to improve their operating margins in 2016 over 2015, despite generally weak revenue performances. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Print Sales Down at Wiley in Q3

Sales of higher education textbooks fell 27% at John Wiley in the third quarter ended January 31, compared to the third period of fiscal 2016. Sales of STM and professional books fell 12%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-07 00:00:00 UTC ]
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The Big Shift in IT Leadership -- free ebook from Wiley

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Publishing Revenue Fell 7% at Wiley

Sales in John Wiley's newly-created publishing segment fell 7% in the second quarter ended October 31, 2016 compared to a year ago. Book sales fell 9% in the quarter. Continue reading at Publishers Weekly

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Wiley’s Philip Carpenter Looks Back on a Career in Academic Publishing

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Translating Katja Kettu: ‘At the Margins of History’

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Global Publishing Leaders 2016: John Wiley & Sons

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