The pandemic is accelerating trends including a global increase in the demand to publish and access high-quality research and a decisive shift to online learning and digital curriculums.
Across the publishing industry as we lay 2020 to rest, it’s increasingly difficult to find stories of publishers underperforming in this troubled year, despite all the doom and gloom forecasts as the pandemic initially took hold.
The latest results to defy the publishing apocalypse predictions are from John Wiley, where net income for Wiley’s fiscal Q2 jumped 53.5%, with revenue up 5.3%. Sales hit $491 million, with earnings of $68.5 million.
Wiley CEO Brian Napack said in a press release that the company had seen,
Record research output and content consumption, robust online enrollment growth, and broad digital courseware adoption.
Napack continued,
The pandemic is accelerating important trends underlying our core strategies, including a global increase in the demand to publish and access high-quality research and a decisive shift to online learning and digital curriculums.
