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 of a new partnership aimed at giving students highly personalized experiences that improve learning outcomes and go further to creating adaptive, collaborative, and interactive learning spaces than anything currently on the market.
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In what's being heralded as a win for consumers and libraries, and a loss for publishers, the SCOTUS overturned a previous ruling against Kirtsaeng, who had been buying textbooks printed (legally) abroad—where they cost significantly less than they do in, say, the United States—and then reselling them in the U.S. on eBay and turning a handsome profit in the process.
In a statement yesterday, Wiley's President & CEO Stephen M. Smith wrote: "We are disappointed that the U.S. Supreme Court has decided in favor of Supap Kirtsaeng and overturned the Second Circuit’s ruling. It is a loss for the U.S. economy, and students and authors in the U.S. and around the world."
On March 19 the Supreme Court announced its much-anticipated decision in Kirtsaeng v. Wiley, a lawsuit regarding the bedrock principle of the first sale doctrine. The 6-3 opinion is a total victory for libraries and our users. It vindicates the foundational principle of the first sale doctrine—if you bought it, you own it. All who believe in that principle, and the certainty it provides to libraries and many other parts of our culture and economy, should join us in applauding the Court for correcting the legal ambiguity that led to this case in the first place. It is especially gratifying that Justice Breyer’s majority opinion focused on the considerable harm that the Second Circuit’s opinion would have caused libraries. The case involves a US graduate student named Supap Kirtsaeng who coordinated with his family to buy less expensive foreign editions of textbooks abroad and re-sell them to college students in the US. These books were not pirate copies; they were genuine textbooks authorized by Wiley for manufacture and sale abroad. Nevertheless, Wiley brought suit, alleging that the purchase and resale of foreign-made copies in the US infringed copyright.
The importation of copyrighted goods made abroad has been an increasingly contentious issue in recent years. Easy access to Internet resale markets like eBay and Amazon have made it possible for a new breed of entrepreneurs to buy low and sell high in a wide array of areas.
Those upstarts have peeved a lot of corporations, and some of them used copyright law to fight back. Textbook maker John Wiley & Sons sued a Thai student-entrepreneur named Supap Kirtsaeng, who had been buying cheaper (but non-pirated) versions…
Most of us have probably sold an old book at a yard sale, on eBay, given it to a library, or some such thing. We probably never gave it a second thought. Maybe we need to. Maybe we are criminals, violating copyright law.
A case has come before the Supreme Court that could turn some of our assumptions upside down, at least as pertains to books produced overseas. Take that, Gutenberg! You better read Johannes' copyright notice before you sell your copy of his bible.
Big news out of Hoboken and D.C. today as Houghton Mifflin Harcourt and Wiley announce that HMH has acquired several assets from Wiley, namely it's culinary program, Webster's New World Reference and CliffsNotes:
Quoth the press release: “This strategic acquisition reflects HMH’s continued commitment to consumer publishing, and represents an exciting growth opportunity within the culinary market. Even as digital sales increase, the print cookbook segment shows particular strength, both at HMH and within the market in general,” said Gary Gentel, President of HMH’s Trade & Reference division. “The combination of Wiley’s culinary, reference, and CliffsNotes lines with our existing business will significantly strengthen HMH’s market position in both the culinary and reference categories.”
Also heading HMH-ward is Wiley VP and publisher Natalie Chapman, who will head up HMH's culinary program (reporting to General Interest Group Senior Vice President and Publisher Bruce Nichols) as well as a number of Wiley editorial, marketing, publicity, and production staff.
In another development related to the move, HMH Senior Executive Editor Rux Martin will launch Rux Martin Books.
John Wiley & Sons Inc. congratulates the winners of all the 2012 Nobel Prizes, and is pleased to learn that eight winners have published their work with Wiley. To celebrate the achievements of all Nobel winners, Wiley is making a selection of content from this and past year’s winners of Nobel Prizes in all areas free to access until the end of the year.
The music, film and book publishing industries were lobbying for Google to change the complex algorithms - code that analyses data - which power its search engine, so that websites that link to illegal downloads of content like the best-selling book 50 Shades of Grey or Adele’s latest album do not get as much prominence as the legal versions.
Google Inc. is acquiring the Frommer's travel brand from publicly traded publishing house John Wiley & Sons Inc. for an undisclosed price in order to bolster its offerings of local reviews around the world.
The deal is expected to close shortly. Google hasn't yet decided whether the Frommer's guidebooks will continue to be published in print or whether they will eventually migrate entirely to online. It is also possible that the Frommer's brand could be melded into the Zagat brand.