book2book

  booktrade.info

Search Booktrade.info:  


Friday 1st August

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Wiley Has Weak Second Quarter; Restructuring Planned

Posted at 5:29PM Monday 10 Dec 2012

Soft higher education markets, tight library budgets, and sluggish global retail channels, resulted in a disappointing second quarter at John Wiley. For the period ended October 31, revenue fell 3%, to $431.8 million, and operating income declined 13%, to $62.9 million. CEO Steven Smith said in prepared remarks that, due to what Wiley sees as permanent changes in some consumer behavior, it is preparing a restructuring program that will "better align" its costs "with current and expected market conditions as they impact our traditional print business."

PW

businessweek.com

John Wiley Press Release




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

Melbourne Publishing Startup Tablo Launches Author Social Network
www.itwire.com

Facebook may have a new book-based rival

Egmont Awarded Three Major Publishing Deals
www.printweek.com

books based on mobile games Doodle Jump and Temple Run

Warner Bros Names Harry Potter Global Franchise Development Team
www.screendaily.com

Team will be based in London and Burbank, and follows an expanded partnership between the studio and J.K. Rowling

Best Buy Admits Tablet PC Sales Are Crashing
goodereader.com

The tablet industry is currently on the downward trend

Author Wins Six-Figure Book Deal By Selling Copies From Bedroom
www.standard.co.uk

An author has secured a six-figure publishing deal after selling hundreds of thousands of books from her bedroom

2014 PEN Literary Award Winners
www.pen.org

PEN Awards celebrate some of the most outstanding voices in literature, spanning a wide array of genres and including both distinguished and emerging writers alike

Account Sign-In

Most Popular Stories

  1. Amazon Reveals What's Behind Its Feud With Hachette
  2. How Amazon Brought Publishing To Its Knees
  3. Author Wins Six-Figure Book Deal By Selling Copies From Bedroom
  4. 2014 PEN Literary Award Winners
  5. Best Buy Admits Tablet PC Sales Are Crashing
  6. How Print Is Slowly Killing Publishers
  7. Egmont Awarded Three Major Publishing Deals
  8. Prison Book Ban: Grayling Faces Flood Of Books As Campaigners Step Up Protest
  9. Warner Bros Names Harry Potter Global Franchise Development Team
  10. Amazon Announces $2 Billion Investment In India