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Today
Wiley announced earnings for the first quarter ended July 31, with sales down 2 percent to $397 million, again due to lost revenue from their divested businesses. Operating income grew 7 percent to $31 million and income before taxes was $18 million, compared to $23 million last year. Wiley has continued to partner with AI companies, including a deal with Anthropic that was announced in July. They also said that they executed a $20 million AI licensing project with an unnamed “large tech company…on behalf of publisher partners” and now have deals with three of the world’s largest tech companies …
Deal of the Day
Shortlisted CWA Debut Dagger nominee Karabi George's NOT A GOOD MOTHER, a thriller that explores the pressures of cultural duty, misogyny, and the isolation of motherhood on a recent immigrant, about a woman whose child is abducted from a park and who will do anything to get her back—only to discover that there's more to the kidnapping than she ever could have imagined, to Caroline Weishuhn at Harper Perennial, in a significant deal, in a pre-empt, in a two-book deal, by … read more
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publishers on a monthly basis, as well as a new digital audio upgrade, which reports sales from five publishers and
is the first available dataset for this fast-growing segment.
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