book2book

  booktrade.info

Search Booktrade.info:  


Wednesday 1st April

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

South African Organisation Wins Astrid Lindgren Award 2015
www.theguardian.com

Project for the Study of Alternative Education in South Africa is crowned this year's laureate in world's richest children's books prize

Bologna 2015: Early Impressions From A Busy, Sunny Fair
www.publishersweekly.com

Agents, editors, and rights managers reporting it to be a positive, active fair

Deals Drive Growth At Penguin Random Hous
www.publishersweekly.com

Total revenue at Penguin Random House rose 25.2% in 2014 to 3.32 billion euros, while EBITDA increased 24.5% to 452 million euros

Sequel To Stieg Larsson's Millennium Novels: Title And Cover Revealed

The Girl in the Spider's Web, continuing the Girl With the Dragon Tattoo sequence, was written by David Lagercrantz and will be published worldwide this August

Miles Franklin Award Longlist 2015: Eight Out Of 10 Nominees Are Women
www.theguardian.com

Eight women and three debut novelists have made the longlist for the Miles Franklin award

Independent Bookshop Week Book Awards 2015 Shortlist Announced
www.theguardian.com

12 nominations in the children's book category and 12 in the picture book category

Account Sign-In

Most Popular Stories

  1. Hodder Children's Books Wins Exciting New YA Talent With Pre-emptive Offer
  2. Miles Franklin Award Longlist 2015: Eight Out Of 10 Nominees Are Women
  3. Wodehouse prize for comic fiction 2015 shortlist announced
  4. Independent Bookshop Week Book Awards 2015 Shortlist Announced
  5. Walter Scott Prize 2015 – The Shortlist
  6. Nielsen's Bookinsights: UK Publishers Sold £2.2 Billion In 2014
  7. Paleo baby food blogger Charlotte Carr making money doing voiceovers on fast food adverts
  8. E-books Gained, Online Retailers Slipped in 2014
  9. Are Your Harry Potter Books Worth Selling?
  10. Irish revenues soar at WH Smith