Wiley (publisher)
Status | Active |
---|---|
Traded as | |
Founded | 1807; 217 years ago (1807) New York City, United States |
Founder | Charles Wiley |
Country of origin | United States |
Headquarters location | Hoboken, New Jersey, U.S. |
Distribution | Worldwide |
Nonfiction topics |
|
Revenue | US$2.02 billion (2023)[1] |
No. of employees | 5,100 |
Official website | www |
John Wiley & Sons, Inc., commonly known as Wiley (
History
The company was established in 1807 when Charles Wiley opened a print shop in
Wiley's son John (born in
Through the 20th century, the company expanded its publishing activities, the sciences, and higher education.[4]
In 1989, Wiley acquired the life science publisher Liss.[6]
In 1996, Wiley acquired the German technical publisher VCH.[7][8]
In 1997, Wiley acquired the professional publisher Van Nostrand Reinhold (the successor to the company started by
In 1999, Wiley acquired the professional publisher Jossey-Bass from Pearson.[10]
In 2001, Wiley acquired the publisher Hungry Minds (formerly IDG Books, including most titles formerly published by Macmillan General Reference) from International Data Group.[11][12]
In 2005, Wiley acquired the British medical publisher Whurr.[13]
Wiley marked its bicentennial in 2007.[14] In conjunction with the anniversary, the company published Knowledge for Generations: Wiley and the Global Publishing Industry, 1807-2007, depicting Wiley's role in the evolution of publishing against a social, cultural, and economic backdrop. Wiley has also created an online community called Wiley Living History, offering excerpts from Knowledge for Generations and a forum for visitors and Wiley employees to post their comments and anecdotes.
In 2021, Wiley acquired Hindawi[15] and J&J Editorial.[16]
In 2023, Academic Partnerships acquired Wiley's online education business for $150 million.[17]
High-growth and emerging markets
In December 2010, Wiley opened an office in Dubai.[18] Wiley established publishing operations in India in 2006 (though it has had a sales presence since 1966), and has established a presence in North Africa through sales contracts with academic institutions in Tunisia, Libya, and Egypt.[19] On April 16, 2012, the company announced the establishment of Wiley Brasil Editora LTDA in São Paulo, Brazil, effective May 1, 2012.[20]
Strategic acquisition and divestiture
Wiley's scientific, technical, and medical business was expanded by the acquisition of Blackwell Publishing in February 2007 for US$1.12 billion, its largest purchase to that time.
Through a backfile initiative completed in 2007, 8.2 million pages of journal content have been made available online, a collection dating back to 1799. Wiley-Blackwell also publishes on behalf of about 700 professional and scholarly societies; among them are the American Cancer Society (ACS), for which it publishes Cancer, the flagship ACS journal; the Sigma Theta Tau International Honor Society of Nursing; and the American Anthropological Association. Other journals published include Angewandte Chemie, Advanced Materials, Hepatology, International Finance and Liver Transplantation.[24]
Launched as a pilot in 1997 with fifty journals and expanded through 1998,
On February 17, 2012, Wiley announced the acquisition of Inscape Holdings Inc., which provides DISC assessments and training for interpersonal business skills.[27]
On March 7, 2012, Wiley announced its intention to divest assets in the areas of travel (including the
In 2021, Wiley acquired the
In 2021, Wiley announced the acquisition of eJournalPress (EJP), a provider of web-based technology solutions for scholarly publishing companies.[35]
Products
Brands and partnerships
Wiley's Professional Development brands include
Wiley has publishing alliances with partners including
Wiley partners with GreyCampus to provide professional learning solutions[
In 2016, Wiley launched a worldwide partnership with
With the integration of digital technology and the traditional print medium, Wiley has stated that in the near future its customers will be able to search across all its content regardless of original medium and assemble a custom product in the format of choice.[43] Web resources are also enabling new types of publisher-customer interactions within the company's various businesses.
Open access
In 2016, Wiley started a collaboration with the open access publisher
On January 18, 2019, Wiley signed a contract with Project DEAL to begin open access to its academic journals for more than 700 academic institutions.[45] It is the first contract between a publisher and a leading research nation (Germany) toward open access to scientific research.[citation needed]
Higher education
Higher Education's "WileyPLUS" is an online product that combines electronic versions of texts with media resources and tools for instructors and students. It is intended to provide a single source from which instructors can manage their courses, create presentations, and assign and grade homework and tests; students can receive hints and explanations as they work on homework, and link back to relevant sections of the text.
"Wiley Custom Select" launched in February 2009 as a custom textbook system allowing instructors to combine content from different Wiley textbooks and lab manuals and add in their own material. The company has begun to make content from its STMS business available to instructors through the system, with content from its Professional/Trade business to follow.[46]
In September 2019, Wiley entered into a collaboration with IIM Lucknow to offer analytics courses for finance executives.[47][48]
Online Program Management
In November 2011, Wiley Education Services announced the purchase Deltak for $220 million.[49][50] Wiley later acquired The Learning House in 2018.[51] This made Wiley one of the largest OPM providers at the time, with 60 university partners and more than 700 online programs.[17]
In June 2023, Wiley announced they would divest several business units, including Wiley University Services.[52] Wiley's 2023 full year revenue was $208 million, an 8% reduction from the prior year.[53] In 2020, Wiley reported $232 million in OPM revenue with organic growth of 11% compared to prior year.[54]
In November 2023, Academic Partnerships announced they would purchase Wiley's OPM business for $110 million.[55]
Medicine
In January 2008, Wiley launched a new version of its evidence-based medicine (EBM) product, InfoPOEMs with InfoRetriever, under the name Essential Evidence Plus, providing primary-care clinicians with point-of-care access to the most extensive source of EBM information[56] via their PDAs/handheld devices and desktop computers. Essential Evidence Plus includes the InfoPOEMs daily EBM content alerting service and two new content resources—EBM Guidelines, a collection of practice guidelines, evidence summaries, and images, and e-Essential Evidence, a reference for general practitioners, nurses, and physician assistants providing first-contact care.[57]
Architecture and design
In October 2008, Wiley launched a new
Wiley Online Library
Wiley Online Library is a subscription-based library of John Wiley & Sons that launched on August 7, 2010, replacing Wiley InterScience.
Corporate structure
Governance and operations
While the company is led by an independent management team and Board of Directors, the involvement of the Wiley family is ongoing, with sixth-generation members (and siblings) Peter Booth Wiley as the non-executive chairman of the board and Bradford Wiley II as a Director and past chairman of the board. Seventh-generation members Jesse and Nate Wiley work in the company's Professional/Trade and Scientific, Technical, Medical, and Scholarly businesses, respectively.[citation needed]
Wiley has been publicly owned since 1962, and listed on the New York Stock Exchange since 1995; its stock is traded under the symbols NYSE: WLY (for its Class A stock) and NYSE: WLYB (for its class B stock).
Wiley's operations are organized into three business divisions:
- Scientific, Technical, Medical, and Scholarly (STMS), also known as Wiley-Blackwell
- Professional Development
- Global Education
The company has approximately 10,000 employees worldwide, with headquarters in Hoboken, New Jersey, since 2002.
Corporate culture
In 2008, Wiley was named for the second consecutive year to
In August 2009, the company announced a proposed reduction of Wiley-Blackwell staff in content management operations in the UK and Australia by approximately 60, in conjunction with an increase of staff in Asia.[58] In March 2010, it announced a similar reorganization of its Wiley-Blackwell central marketing operations that would lay off approximately 40 employees. The company's position was that the primary goal of this restructuring was to increase workflow efficiency. In June 2012, it announced the proposed closing of its Edinburgh facility in June 2013 with the intention of relocating journal content management activities currently performed there to Oxford and Asia. The move would lay off approximately 50 employees.[59]
Wiley is a signatory of the SDG Publishers Compact,[60][61] and has taken steps to support the achievement of the Sustainable Development Goals (SDGs) in the publishing industry.[62] These include becoming carbon neutral and supporting reforestation.[63][64] Wiley's Natural Resources Forum was one of six out of 100 journals to receive the highest possible "Five Wheel" impact rating[65] from an SDG Impact Intensity™ journal rating system analyzing data from 2016 to 2020.[66][67]
Gender pay gap
Wiley reported a mean 2017 gender pay gap of 21.1% for its UK workforce, while the median was 21.5%. The gender bonus gaps are far higher, at 50.7% for the median measure and 42.3% for the mean. Wiley said: "Our mean and median bonus gaps are driven by our highest earners, who are predominantly male."[68]
Controversies
Journal protests
The entire editorial board of the European Law Journal resigned over a dispute about contract terms and the behavior of its publisher, Wiley. Wiley did not allow the editorial board members to decide over editorial appointments and decisions.[69]
A majority of the editorial board of the journal
Publication practices
Wiley makes some articles disappear from their journals without any explanation.[71]
Manipulation of bibliometrics
According to
Five Wiley journals, which exhibited unusual levels of
Publication of "Paper Mill" generated papers
In April 2022, the journal Science revealed that a Ukrainian company, International Publisher Ltd., run by Ksenia Badziun, operates a Russian website where academics can purchase authorships in soon to be published academic papers.[74] In the 2-year period analyzed by researchers, they found that at least 419 articles "appeared to match manuscripts that later appeared in dozens of different journals" and that "More than 100 of these identified papers were published in 68 journals run by established publishers, including Elsevier, Oxford University Press, Springer Nature, Taylor & Francis, Wolters Kluwer, and Wiley-Blackwell."[74] Wiley-Blackwell claimed that they were examining the specific papers that were identified and brought to their attention.[74]
Copyright cases
Photographer copyrights
A 2013 lawsuit brought by a stock photo agency for alleged violation of a 1997 license was dismissed for procedural reasons.[75]
A 2014 ruling by the District Court for the Southern District of New York,[76] later affirmed by the Second Circuit,[77] says that Wiley infringed on the copyright of photographer Tom Bean by using his photos beyond the scope of the license it had purchased. The case was connected to a larger set of copyright infringement cases brought by photo agency DRK against various publishers.[78]
A 2015
Used books
In 2018, a
Kirtsaeng v. John Wiley & Sons
In 2008, John Wiley & Sons filed suit against Thailand native Supap Kirtsaeng over the sale of textbooks made outside of the United States and then imported into the country.[82] In 2013, the U.S. Supreme Court held 6–3 that the first-sale doctrine applied to copies of copyrighted works made and sold abroad at lower prices, reversing the Second Circuit decision which had favored Wiley.[83]
Internet Archive lawsuit
In June 2020, Wiley was one of a group of publishers who sued the Internet Archive, arguing that its collection of e-books was denying authors and publishers revenue and accusing the library of "willful mass copyright infringement".[84][85]
See also
References
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- ^ "Form 10q". Archived from the original on May 9, 2021. Retrieved February 20, 2022.
The fair value of the cash consideration transferred, net of $1.0 million of cash acquired was approximately $298.3 million. [...] approximate four-month impact of the Hindawi acquisition (Revenue +$10 million, Adjusted EBITDA neutral, and Adjusted EPS dilutive by $0.15). [...] As a result of the acquisition, we are reviewing the internal controls of Hindawi and are making appropriate changes as deemed necessary. As of January 31, 2021, Hindawi represented less than 1% of total consolidated assets, excluding goodwill and intangible assets which are included within the scope of assessment, and represented less than 0.2% of total consolidated revenues of the Company for the nine months ended January 31, 2021.
- ^ "Wiley acquires Hindawi: A Q&A with Liz Ferguson". Wiley. February 23, 2021. Archived from the original on February 27, 2021. Retrieved May 7, 2021.
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- ^ "Minden Pictures, Inc. v. John Wiley & Sons, Inc". January 27, 2014. Archived from the original on April 6, 2019. Retrieved April 6, 2019.
Minden is a stock photography agency that licenses photographs to publishers, including Wiley. [...] In 1997, Minden licensed a number of photographs to Wiley for use in several educational publications. Compl. [...] In the instant action, Minden alleges that Wiley infringed the copyrights in the licensed photographs by exceeding the limitations imposed in the licenses.
- ^ "JOHN WILEY & SONS, INC., Plaintiff/Counter-Defendant, v. DRK PHOTO, Defendant/Counter-Plaintiff". February 21, 2014. 998 F. Supp. 2d 262 No. 11 Civ. 5454(KPF) United States District Court, S.D. New York.
DRK contends that its licenses with Wiley for the images at issue in these instances were limited in scope in terms of the print run, media, and/or geographic distribution, and that Wiley violated the license terms by printing more units than authorized, selling the photographs beyond the licensed geographic distribution areas, and/or using the photographs electronically without permission. [...] The record establishes that Wiley infringed on DRK's copyrights for the Three Bean Instances. [...] Because Wiley has failed to raise any issue of material fact as to whether it exceeded the scope of its license for the Three Bean Instances, summary judgment is granted in DRK's favor for these instances.
- ^ Peter Leung (February 20, 2018). "John Wiley Partial Photo Copyright Win Affirmed On Appeal". Intellectual Property on Bloomberg Law. Archived from the original on April 6, 2019. Retrieved April 6, 2019.
- ^ Thomas Long (June 11, 2014). "Agreements with photographers did not give stock photo agency standing to sue for copyright infringement". Intellectual Property Law Daily. Archived from the original on April 6, 2019. Retrieved February 19, 2022.
- ^ Minden Pictures v. John Wiley & Sons (Court of Appeals for the Ninth Circuit) ("Until recently, Minden entered into 'Agency Agreements' with the individual photographers for whom it serves as a licensing agent. The Agency Agreements at the heart of this case were executed between 1993 and 2008. [...] One company to which Minden granted licenses is an educational publisher, John Wiley & Sons. [...] Because we conclude that the Agency Agreements convey the rights to reproduce, distribute, and display the photographs to Minden via an 'exclusive license' to grant licenses to third parties, we hold that Minden may bring an infringement action to remedy the unauthorized reproduction, distribution, and display of the photographs by those to whom it has granted licenses. We do not reach Minden's remaining arguments."), Text.
- ^ Judge William H. Pauley, III (August 17, 2018). "John Wiley & Sons, Inc. et al v. Book Dog Books, LLC et al". 448.
Scorched-earth litigation ensued, including numerous discovery motions, followed by appeals of determinations made by the Magistrate Judge, and multiple motions for summary judgment (followed by motions for reconsideration). [...] Defendants now resurrect that argument, contending that no reasonable jury could find sufficient evidence of distribution for 116 works. [...] Defendants continued to purchase from sources that they knew sold counterfeits. [...] Further, the jury learned that Defendants kept inadequate records. [...] Defendants acknowledge that infringement can be established through circumstantial evidence. [...] Second, Defendants challenge the five works for which Plaintiffs did not present a counterfeit copy. However, the jury heard that Defendants had purchased copies of those works from Best Books World, a known counterfeiter [...] But deposition testimony revealed that those distributors considered Defendants to be one of the most prevalent suppliers of counterfeit books and had ceased doing business with Defendants based on their history of infringement. [...] Defendants assert that Plaintiffs failed to demonstrate ownership for thirteen titles, meaning that Plaintiffs failed to establish statutory standing to sue for those works. [...] In each instance, while the copyright registrations submitted in evidence identified someone other than Cengage or Pearson as the copyright holder, trial testimony established that the person or entity listed was either the textbook's author or a publishing company acquired by Cengage or Pearson. Plaintiffs maintained that Cengage or Pearson were granted exclusive licenses for these works. Although Plaintiffs did not submit documentation, Cengage representative Jessica Stitt testified that Cengage owns or holds the exclusive license for every Cengage title. [...] Defendants never challenged this testimony, nor did they ask any questions regarding Plaintiffs' ownership of these works. No contradictory evidence of ownership presented. The jury was entirely justified in concluding that Plaintiffs established ownership for all works.
- ^ Lindsay McKenzie (April 9, 2018). "Publishers Win Big in Fake-Textbook Lawsuit". Inside Higher Ed. Archived from the original on April 6, 2019. Retrieved April 6, 2019.
- ^ John Wiley & Sons, Inc. v. Kirtsaeng Archived June 9, 2019, at the Wayback Machine, CIV.A.08CIV.7834DCP, 2009 WL 3364037 (S.D.N.Y. October 19, 2009) aff'd, 654 F.3d 210 (2d Cir. 2011)
- ^ "Supreme Court says copyright law does not protect publishers in discount re-sales". The Washington Post. Associated Press. March 19, 2013. Archived from the original on March 20, 2013. Retrieved March 19, 2013..
- ^ Harris, Elizabeth A. (June 1, 2020). "Publishers Sue Internet Archive Over Free E-Books". The New York Times. Archived from the original on June 12, 2020. Retrieved June 12, 2020.
- ^ Text of Hachette Book Group, Inc. v. Internet Archive is available from: CourtListener
Further reading
- The First One Hundred and Fifty Years: A History of John Wiley and Sons Incorporated 1807–1957. New York: John Wiley & Sons. 1957.
- Moore, John Hammond (1982). Wiley: One Hundred and Seventy Five Years of Publishing. New York: John Wiley & Sons. ISBN 978-0-471-86082-2.
- Munroe, Mary H. (2004). "John Wiley Timeline". The Academic Publishing Industry: A Story of Merger and Acquisition. Archived from the original on October 20, 2014 – via Northern Illinois University.
- Wiley, Peter Booth; Chaves, Frances; Grolier Club (2010). John Wiley & Sons: 200 years of publishing (PDF). Hoboken, NJ: John Wiley & Sons.
- Wright, Robert E.; Jacobson, Timothy C.; Smith, George David (2007). Knowledge for Generations: Wiley and the Global Publishing Industry, 1807–2007. Hoboken, New Jersey: John Wiley & Sons. ISBN 978-0-471-75721-4.