QUOTE AND NEWS
Cloud Computing  May 9  Comment 
John Wiley & Sons, Inc. (NYSE: JWa, JWb), and Snapwiz, a Fremont CA based company that specializes in adaptive and personalized learning solutions, announce the launch of WileyPLUS with ORION, the initial offering to come out...
Marketwire  Mar 29  Comment 
WOODSIDE, CA -- (Marketwire) -- 03/29/11 -- Fisher Investments Press recently released its latest investment sector guide, Fisher Investments on Utilities. In the guide, authors Andrew Teufel and Theodore Gilliland take an informative look at the
Marketwire  Jul 22  Comment 
REDWOOD CITY, CA -- (Marketwire) -- 07/22/09 -- Attributor announced today that global publisher John Wiley & Sons, Inc. (NYSE: JWA) (NYSE: JWB) has selected its anti-piracy service as a tool to identify unlawful use of its books, e-Books, and other
StreetInsider.com  Jun 18  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/John+Wiley+%26+Sons+%28JWA%29+Reports+Lower+FY09+Results%3B+Guides+FY10+EPS+Growth/4740029.html for the full story.




 
TOP CONTRIBUTORS

John Wiley & Sons, Inc. (NYSE: JWA) is a publisher of print and electronic products, providing content and digital solutions to customers worldwide. The company operates through three business segments. The Scientific, Technical, Medical and Scholarly (STMS) segment publishes titles for the scientific, technical, medical and scholarly communities. The Professional/Trade segment publishes books, subscription products and information services in all media. The Higher Education segment publishes educational materials in all media, for two and four-year colleges and universities, for-profit career colleges, advanced placement classes and secondary schools in Australia.

Journal subscription revenue and other related publishing income, such as advertising, backfile sales, the sale of publishing rights, journal reprints and individual article sales accounted for approximately 49% of the company’s consolidated revenue in 2010.[1] Book products and book related publishing revenue, such as advertising revenue and the sale of publishing rights, accounted for approximately 51% of the Company’s consolidated revenue during fiscal 2010.

Business Growth

In fiscal 2010, Wiley's revenue increased 5% to $1.7 billion. Adjusted EPS for the year increased 20%, or 6% on a currency neutral basis and excluding pre-tax asset impairment and restructuring charges of approximately $15 million, or $0.17 per share.[2]

The Scientific, Technical, Medical, and Scholarly (STMS) segment had a strong year and added new journal customers, partly due to growth in emerging markets. In the Professional/Trade (P/T) segment, nearly every publishing category showed solid growth, with particular strength in the Americas and EMEA. In Higher Education, Wiley outperformed the industry in a strong market, reflecting increased penetration in community colleges and for-profit universities, and continued revenue growth from WileyPLUS and other digital content.

In 2010, Wiley acquired Microcirculation, the journal of The Microcirculatory Society, and the Israel Journal of Chemistry from Laser Pages Publishing Ltd.[2] Also during the year, the company sold two journals, Cochlear Implants International and Deafness & Education International, to Maney Publishing.[2] In 2010, Wiley also acquired the publishing rights to Topley & Wilson’s Microbiology and Microbial Infections from Hodder Education.[2]

Trends and Forces

Rising demand for published content in Asia

Asia is growing as a major worldwide research center, and Wiley has actively targeted this growth market. Wiley launched the Chinese-language WileyChina.com, helping to bring scientific and scholarly content to China. With one-third of the papers in top Wiley materials science journals now originating in China, in December 2009 Wiley launched a Chinese-language version of the MaterialsViews.com news service.

Rise of e-readers has created a selling opportunity for Wiley

Digital technologies are allowing Wiley to develop flexible business models and customize content to meet its customers’ specific needs. Wiley has seen its sales of eBooks up 93% to $7 million.[2] Wiley also signed an eBook agreement with Apple (AAPL). CliffsNotes.com, owned by Wiley, reported advertising revenue grew by 28% over the prior year, and Dummies.com, also owned by Wiley, recorded its highest-ever monthly traffic count: 4 million users during the month of March.[2]

Wiley is continuing to forge important new partnerships to drive growth. In March 2010, Wiley was selected as the exclusive global publisher of Bloomberg and Bloomberg Business Week. Wiley was named an official licensee by the London Organising Committee of the Olympic and Paralympic Games to publish London 2012 books through a partnership that builds on their agreements related to the Vancouver Winter Olympics and Beijing Summer Olympics.[2]

With 650 titles now available as eBooks through CourseSmart, Higher Education’s eBook program gained ground during the year.[2] In the Australian secondary school market, the number of registered users of the JacarandaPLUS eBook solution grew from 13,000 in April 2009 to 85,000 in April 2010.[2]

Competition

With $1.7 billion in annual revenue, John Wiley & Sons is one of the smaller players in the publishing industry, competing against heavyweights like Reed Elsevier (RUK) ($3.2 billion in revenue) and Pearson (PSO) ($5.7 billion in revenue).

References

  1. Google Finance: JWA
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 John Wiley & Sons Annual Report 2010
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki