Sunday, January 25, 2009

Wiley revenues increase 36% in 2008

From the Wiley Annual Report 2008 - To Our Shareholders:

Fiscal year 2008 was a transformative year, as reflected in Wiley’s record results. Revenue increased 36% over the previous year to $1.7 billion, up from $1 billion just two years ago.

According to the Wiley Vision, Wiley has achieved superior results and continues to grow by focusing on three overarching goals, the first of which is: Building long-term relationships with our customers.

This is good to hear! What library customers hard-hit by the financial crisis need right now is adjustment, such as lower subscription prices, as Norman Oder reports in Library Journal. With that kind of revenue, Wiley can certainly afford to help out!