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John Wiley and Sons

John Wiley & Sons, Inc., commonly known as Wiley, is an American multinational publishing company founded in 1807 that focuses on academic publishing and instructional materials.

Categories

Media and Communications  

#3661

Rank

$2.06B

MarketCap US

US United States

Country

Summary

John Wiley & Sons, Inc., commonly known as Wiley, is an American multinational publishing company founded in 1807 that focuses on academic publishing and instructional materials. The company produces books, journals, and encyclopedias, in print and electronically, as well as online products and services, training materials, and educational materials for undergraduate, graduate, and continuing education students.

Since 1962, Wiley has been a publicly traded company, with listings on the New York Stock Exchange under the symbols NYSE: WLY for its Class A stock and NYSE: WLYB for its Class B stock, a status it has held since 1995. Operating globally, Wiley's extensive operations are structured into three core business divisions: Scientific, Technical, Medical, and Scholarly (STMS), recognised as Wiley-Blackwell; Professional Development; and Global Education. With a workforce of around 10,000 employees worldwide, Wiley's headquarters have been located in Hoboken, New Jersey, since 2002.


History

Wiley was established in 1807 when Charles Wiley opened a print shop in Manhattan. The company was the publisher of 19th century American literary figures like James Fenimore Cooper, Washington Irving, Herman Melville, and Edgar Allan Poe, as well as of legal, religious, and other non-fiction titles. The firm took its current name in 1865. Wiley later shifted its focus to scientific, technical, and engineering subject areas, abandoning its literary interests. Wiley's son John took over the business when Charles Wiley died in 1826. The firm was successively named Wiley, Lane & Co., then Wiley & Putnam, and then John Wiley. The company acquired its present name in 1876, when John's second son William H. Wiley joined his brother Charles in the business. 

Through the 20th century, the company expanded its publishing activities, the sciences, and higher education. In 1989, Wiley acquired the life science publisher Liss. In 1996, Wiley acquired the German technical publisher VCH. In 1997, Wiley acquired the professional publisher Van Nostrand Reinhold from Thomson Learning. In 1999, Wiley acquired the professional publisher Jossey-Bass from Pearson. In 2005, Wiley acquired the British medical publisher Whurr.

Wiley marked its bicentennial in 2007. 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 and J&J Editorial. In December 2010, Wiley opened an office in Dubai. Wiley established publishing operations in India in 2006 and has established a presence in North Africa through sales contracts with academic institutions in Tunisia, Libya, and Egypt. On April 16, 2012, the company announced the establishment of Wiley Brasil Editora LTDA in São Paulo, Brazil, effective May 1, 2012.

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. The combined business, named Scientific, Technical, Medical, and Scholarly , publishes, in print and online, 1,400 scholarly peer-reviewed journals and an extensive collection of books, reference works, databases, and laboratory manuals in the life and physical sciences, medicine and allied health, engineering, the humanities, and the social sciences. 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, 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.

Launched as a pilot in 1997 with fifty journals and expanded through 1998, Wiley InterScience provided online access to Wiley journals, reference works, and books, including backfile content. Journals previously from Blackwell Publishing were available online from Blackwell Synergy until they were integrated into Wiley InterScience on June 30, 2008. In December 2007, Wiley also began distributing its technical titles through the Safari Books Online e-reference service. Interscience was supplanted by Wiley Online Library in 2010.On February 17, 2012, Wiley announced the acquisition of Inscape Holdings Inc., which provides DISC assessments and training for interpersonal business skills.

On March 7, 2012, Wiley announced its intention to divest assets in the areas of travel, culinary, general interest, nautical, pets, and crafts, as well as the Webster's New World and CliffsNotes brands. The planned divestiture was aligned with Wiley's "increased strategic focus on content and services for research, learning, and professional practices, and on lifelong learning through digital technology". On August 13, 2012, Wiley announced it entered into a definitive agreement to sell all of its travel assets, including all of its interests in the Frommer's brand, to Google Inc. On November 6, 2012, Houghton Mifflin Harcourt acquired Wiley's cookbooks, dictionaries and study guides. In 2013, Wiley sold its pets, crafts and general interest lines to Turner Publishing Company and its nautical line to Fernhurst Books. HarperCollins acquired parts of Wiley Canada's trade operations in 2013; the remaining Canadian trade operations were merged into Wiley U.S.In 2021, Wiley acquired the Hindawi publishing firm for $298 million in cash to expand its open access journals portfolio.

Wiley stated it would keep the Hindawi journals under their previous brand and continue developing the open-source publishing platform Phenom. In 2021, Wiley announced the acquisition of eJournal Press, a provider of web-based technology solutions for scholarly publishing companies.


Mission

Through the development of cutting-edge digital education, learning, assessment, and certification solutions, Wiley facilitates the seamless transition between education and employment, enabling individuals, businesses, and academic institutions to achieve their aspirations. Wiley's commitment to quality publishing is evident in its extensive collection of online scientific, technical, medical, and scholarly journals, books, and digital content, forged on a legacy of two centuries.

At the core of Wiley's identity is an unwavering mission to support the success of its customers at every stage of their educational and professional journeys. By bridging the higher education gap through innovative content solutions, Wiley enriches the learning experience for students and instructors globally. As a leader in higher education consulting, Wiley collaborates with educators and institutions worldwide to drive success. The organization also plays a pivotal role in addressing the talent deficit by assisting employers in finding, retaining, and upskilling top talent, fostering transformative shifts in company cultures. Wiley's dedication extends to strengthening the research community, fostering partnerships with learned societies, authors, libraries, and researchers to facilitate the dissemination of impactful discoveries that contribute to solving global challenges. 


Vision

Wiley, as a pioneering publishing house with a heritage spanning over two centuries, envisions a world where knowledge and insights have the power to transform lives, institutions, and societies. At the heart of this vision is the belief that access to quality information and learning resources is fundamental to individual and collective progress. Wiley aspires to be a global leader in providing innovative and accessible educational solutions that empower learners, educators, researchers, and professionals across diverse fields.

In pursuit of its vision, Wiley aims to leverage emerging technologies and pedagogical advancements to redefine the landscape of education and research. By fostering a culture of continuous learning and collaboration, Wiley seeks to bridge gaps, inspire discoveries, and contribute to the advancement of human knowledge. The vision encompasses a commitment to excellence in publishing, digital education, and learning solutions, with the overarching goal of facilitating lifelong learning and creating a positive impact on the global community. Wiley envisions a future where its contributions play a pivotal role in shaping informed, empowered, and thriving individuals and communities worldwide.


Key Team

Aref Matin (Exec. VP & CTO)

Todd R. Zipper (Pres of Wiley Education Services, Exec. VP & GM of Education Services)

Matthew Leavy (Exec. VP and GM of Academic & Professional Learning)

Christopher F. Caridi (Sr. VP, Chief Accounting Officer & Global Corp. Controller)

Danielle McMahan (Exec. VP and Chief People, Bus. Operations & Operations Officer)

Brian Campbell (VP, Investor Relations)

Deirdre P. Silver (Exec. VP & Gen. Counsel)


Recognition and Awards
John Wiley and Sons has won numerous awards and honors, including the 2017 Exemplary Publisher Award from the Society of American Archivists, the 2016 Most Innovative Publisher Award from the Association of American Publishers, and the 2012 Publishers Weekly Star of the Year Award for its discovery service, “WileyPLUS.”

Products and Services

John Wiley & Sons, Inc. operates as a research and education company worldwide. The company operates through three segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. 

The Research Publishing & Platforms segment offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries. This segment also publishes physical sciences and engineering, health sciences, social sciences, and humanities and life sciences journals; and provides a publishing software and service for scholarly and professional societies, and publishers to deliver, host, enhance, market, and manage their content on the web through the Literatum platform. It sells and distributes its products through various channels, including research libraries and library consortia, and independent subscription agents, as well as directly to professional society members, bookstores, online booksellers, and other customers. 

The Academic & Professional Learning segment provides education publishing and professional learning products and services, including scientific, professional, and education print and digital books, digital courseware, and test preparation services to libraries, corporations, students, professionals, and researchers, as well as learning, development, and assessment services for businesses and professionals. This segment distributes its products through chain and online booksellers, libraries, colleges and universities, corporations, direct to consumer, websites, distributor networks, and other online applications. 

The Education Services segment provides online program management services for higher education institutions and talent development services including placement and training for professionals and businesses. The company was founded in 1807 and is headquartered in Hoboken, New Jersey.


References
John Wiley and Sons
Leadership team

Brian A. Napack (Pres, CEO & Director)

Christina M. Van Tassell (Exec. VP & CFO)

Industries

Media and Communications

Products/ Services
EdTech, Education, Journalism, Mobile, News, Professional Services, Publishing
Number of Employees
1,000 - 20,000
Headquarters
Corporate Headquarters Suite 300 111 River Street Hoboken, NJ 07030-5774
Established
1807
Company Type
Private company limited by shares or Ltd
Company Registration
SEC CIK number: 0000107140
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
WLY
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