Wiley to Sell Off CliffNotes, Other Assets
John Wiley & Sons, a publisher known for its technical and academic imprints, announced Wednesday that it’s putting a number of its print and digital publishing assets up for sale. They’re spread across a number of topic areas, including Webster’s New World, CliffsNotes, as well as publishing imprints for fields as diverse as culinary, general interest, nautical, pets, and crafts.
The assets up for sale earned around $85 million last fiscal year, and are being sold only after a reevaluation of the company’s Professional/Trade business portfolio.
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