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Wiley (publisher) Wiki2Web Clarity Challenge

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Study Guide: John Wiley & Sons: A Publishing History

Cheat Sheet:
John Wiley & Sons: A Publishing History Study Guide

Founding and Early History

John Wiley & Sons, Inc. is primarily engaged in the publication of fiction and popular magazines.

Answer: False

Explanation: The established focus of John Wiley & Sons, Inc. is academic publishing and instructional materials, rather than fiction or popular magazines.

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Charles Wiley established his print shop in Manhattan in the year 1907.

Answer: False

Explanation: Charles Wiley established his print shop in Manhattan in 1807, not 1907.

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In its nascent stages, Wiley exclusively published legal and religious texts.

Answer: False

Explanation: During its early development, Wiley published a range of literary works alongside legal and religious texts, rather than exclusively these categories.

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The company officially adopted the name "Wiley" in 1876 after John Wiley's second son joined the business.

Answer: True

Explanation: The company officially adopted the name "Wiley" in 1876, following the entry of John Wiley's second son, William H. Wiley, into the business.

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What was the primary focus of John Wiley & Sons, Inc. as described in the source material?

Answer: Academic publishing and instructional materials.

Explanation: John Wiley & Sons, Inc. primarily concentrates on academic publishing and the provision of instructional materials, encompassing books, journals, and digital resources for educational and professional audiences.

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In which year was Wiley founded, and by whom?

Answer: 1807 by Charles Wiley

Explanation: John Wiley & Sons was founded in 1807 by Charles Wiley.

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Which of the following was NOT among the types of content Wiley published in its early years?

Answer: Scientific and technical journals

Explanation: In its nascent stages, Wiley published literary works, legal titles, and religious texts, among other non-fiction categories. Scientific and technical journals became a focus later in its evolution.

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Strategic Evolution and Acquisitions

Wiley's publishing strategy evolved from literary works to a specialization in scientific, technical, and engineering fields.

Answer: True

Explanation: The company's publishing trajectory shifted from its initial engagement with literary works towards a strategic specialization in scientific, technical, and engineering disciplines.

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Wiley acquired Blackwell Publishing in 2007 for approximately $1.12 billion.

Answer: True

Explanation: In February 2007, Wiley completed the acquisition of Blackwell Publishing for approximately US$1.12 billion, a significant transaction that expanded its scholarly publishing portfolio.

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Wiley-Blackwell is the result of Wiley's acquisition of Springer Nature.

Answer: False

Explanation: Wiley-Blackwell was formed as a result of Wiley's acquisition of Blackwell Publishing, not Springer Nature.

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The acquisition of Hindawi in 2021 significantly expanded Wiley's portfolio of open access journals.

Answer: True

Explanation: Wiley's acquisition of Hindawi in 2021, a firm specializing in open access publishing, substantially broadened its collection of open access journals.

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Wiley acquired Inscape Holdings Inc. in 2012 to enhance its offerings in interpersonal business skills assessment and training.

Answer: True

Explanation: The acquisition of Inscape Holdings Inc. in 2012 by Wiley served to augment its capabilities in assessing and training interpersonal business skills.

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In 2012, Wiley announced plans to divest its scientific and technical publishing divisions.

Answer: False

Explanation: In 2012, Wiley announced plans to divest assets in areas such as travel and general interest publications, not its scientific and technical divisions.

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Wiley acquired Deltak in 2011 for $220 million, expanding its services in online program management (OPM).

Answer: True

Explanation: The acquisition of Deltak in 2011 for US$220 million significantly bolstered Wiley's capabilities and offerings within the online program management (OPM) sector.

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Wiley acquired VCH in 1996, strengthening its technical publishing operations in France.

Answer: False

Explanation: Wiley acquired the German technical publisher VCH in 1996, enhancing its technical publishing operations primarily within Germany and Europe, not France.

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In 2023, Wiley sold its online education business, including OPM services, to Academic Partnerships for $150 million.

Answer: True

Explanation: Wiley divested its online education business, encompassing OPM services, to Academic Partnerships in 2023 for US$150 million, constituting a strategic divestiture.

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Wiley acquired Hungry Minds in 2001, which included titles formerly published by Macmillan General Reference.

Answer: True

Explanation: The acquisition of Hungry Minds (formerly IDG Books) in 2001 by Wiley incorporated titles previously published under Macmillan General Reference.

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Wiley acquired Liss in 1989, bolstering its publishing activities in the field of life sciences.

Answer: True

Explanation: The acquisition of Liss in 1989 significantly strengthened Wiley's publishing endeavors within the life sciences domain.

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Wiley's 2012 announcement to divest certain assets signaled a strategic shift towards general interest and travel publications.

Answer: False

Explanation: Wiley's 2012 divestiture announcement signaled a strategic refocusing on content for research, learning, and professional practices, not a shift towards general interest and travel publications.

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What major acquisition did Wiley complete in 2007, significantly expanding its scholarly publishing presence?

Answer: Blackwell Publishing

Explanation: In 2007, Wiley acquired Blackwell Publishing for approximately US$1.12 billion, a strategic move that substantially enhanced its scholarly publishing operations.

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What entity did Wiley acquire in 2012 to enhance its offerings in interpersonal business skills?

Answer: Inscape Holdings Inc.

Explanation: Wiley acquired Inscape Holdings Inc. in 2012, thereby strengthening its portfolio related to interpersonal business skills assessment and training.

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What strategic decision did Wiley announce in 2012 concerning its publishing assets?

Answer: To divest assets in areas like travel and general interest publications.

Explanation: In 2012, Wiley announced its intention to divest certain assets, including travel, culinary, and general interest publications, to sharpen its focus on research, learning, and professional practices.

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What did Wiley acquire in 2011 for $220 million, contributing to its expansion in online education services?

Answer: Deltak

Explanation: Wiley acquired Deltak in 2011 for US$220 million, a move that significantly expanded its online program management (OPM) services.

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Which company did Wiley acquire in 2018 that significantly expanded its role as an Online Program Manager (OPM)?

Answer: The Learning House

Explanation: Wiley acquired The Learning House in 2018, a move that substantially augmented its capacity as an Online Program Manager (OPM) provider, fostering partnerships with universities to deliver online programs and educational services.

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What entity did Wiley acquire in 1999 that expanded its professional publishing portfolio?

Answer: Jossey-Bass

Explanation: In 1999, Wiley acquired Jossey-Bass, a professional publisher, from Pearson. This acquisition further broadened its array of professional development content and fortified its market position in that segment.

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What entity did Wiley acquire in 2005 that expanded its medical publishing?

Answer: Whurr

Explanation: Wiley acquired Whurr in 2005, a move that broadened its offerings within the medical field and enhanced its presence in specialized academic publishing.

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Digital Transformation and Educational Services

Wiley Interscience, launched in 1997, served as Wiley's primary digital platform until its replacement by Wiley Online Library in 2010.

Answer: True

Explanation: Wiley Interscience functioned as Wiley's principal digital access point for scholarly content from its launch in 1997 until it was superseded by the more comprehensive Wiley Online Library in 2010.

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Wiley Online Library provides access to over 10 million articles and 50,000 books.

Answer: False

Explanation: According to the provided data, Wiley Online Library offers access to over 4 million articles and more than 22,000 books, not 10 million articles and 50,000 books.

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WileyPLUS is a platform designed for K-12 education, integrating digital textbooks with classroom management tools.

Answer: False

Explanation: WileyPLUS is specifically developed for higher education, providing integrated digital textbooks and course management tools, rather than for K-12 education.

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The "Wiley Custom Select" system, launched in 2009, allows instructors to create customized textbooks by combining Wiley content with their own materials.

Answer: True

Explanation: Launched in 2009, the "Wiley Custom Select" system empowers instructors to design bespoke textbooks by integrating Wiley's published content with their proprietary instructional materials.

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Wiley's future vision entails enabling customers to search across all content irrespective of its original medium and to assemble personalized products.

Answer: True

Explanation: Wiley envisions a future where customers can seamlessly search its entire content repository, regardless of the original medium, and assemble personalized products.

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Wiley launched Essential Evidence Plus in 2008 to provide primary-care clinicians with point-of-care access to evidence-based medicine information.

Answer: True

Explanation: The launch of Essential Evidence Plus in 2008 by Wiley aimed to furnish primary-care clinicians with immediate, point-of-care access to critical evidence-based medicine information.

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What is Wiley Online Library, launched in 2010?

Answer: A subscription-based digital platform providing access to Wiley's journals, books, and reference works.

Explanation: Wiley Online Library, introduced in 2010, is Wiley's comprehensive digital platform providing subscription-based access to its extensive collection of journals, books, and reference works.

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What is the primary function of WileyPLUS?

Answer: To offer online learning resources integrating electronic textbooks for higher education.

Explanation: WileyPLUS serves as an online learning platform designed for higher education, integrating digital textbooks and course management tools to facilitate teaching and learning.

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The "Wiley Custom Select" system, launched in 2009, offers instructors the capability to:

Answer: Combine content from various Wiley sources and add their own materials.

Explanation: The "Wiley Custom Select" system enables instructors to create customized textbooks by integrating Wiley's published content with their proprietary instructional materials.

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Which acquisition in 2016 strengthened Wiley's digital content delivery capabilities by providing the platform for Wiley Online Library?

Answer: Atypon

Explanation: Wiley's acquisition of Atypon in 2016 was instrumental in enhancing its digital content delivery infrastructure, particularly by providing the Literatum platform upon which Wiley Online Library is built.

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Corporate Identity and Operations

Wiley established its European branch in Paris in 1960.

Answer: False

Explanation: Wiley established its European branch in London in 1960, which later relocated to Chichester, England.

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Wiley's headquarters have been located in Chicago, Illinois, since 2002.

Answer: False

Explanation: Wiley's headquarters have been situated in Hoboken, New Jersey, since 2002.

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As of 2024, Wiley employed fewer than 1,000 people worldwide.

Answer: False

Explanation: As of 2024, Wiley's global workforce comprised approximately 6,400 employees, significantly exceeding the threshold of 1,000.

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Wiley reported a revenue of approximately $208 million in 2024.

Answer: False

Explanation: Wiley reported a revenue of approximately US$1.87 billion in 2024, not $208 million.

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The NYSE ticker symbol for Wiley's Class A stock is WLYB.

Answer: False

Explanation: The NYSE ticker symbol for Wiley's Class A stock is WLY; WLYB is designated for its Class B stock.

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Wiley's revenue from Online Program Management (OPM) services in 2020 was approximately $23 million.

Answer: False

Explanation: Wiley reported revenue of approximately US$232 million from its Online Program Management (OPM) services in 2020, not $23 million.

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In 2017, Wiley reported a negative mean gender pay gap, indicating women earned more than men on average.

Answer: False

Explanation: In 2017, Wiley reported a positive mean gender pay gap of 21.1% for its UK workforce, indicating that men earned more than women on average, not the reverse.

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Wiley's 2023 full-year revenue indicated a financial performance that was reduced by 8% compared to the prior year.

Answer: True

Explanation: Wiley's 2023 full-year revenue of US$208 million represented an 8% reduction from the prior year, indicating a contraction in its overall financial performance during that period.

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In 2009, Wiley began restructuring by increasing staff in the UK and Australia while reducing staff in Asia.

Answer: False

Explanation: In 2009, Wiley's restructuring involved reducing staff in the UK and Australia while increasing staff in Asia, contrary to the statement.

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Wiley established a European branch in 1960, which later relocated to which city?

Answer: Chichester

Explanation: Wiley's European branch, established in London in 1960, was subsequently relocated to Chichester, England.

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Where is Wiley's current headquarters located?

Answer: Hoboken, New Jersey

Explanation: Wiley's current headquarters are situated in Hoboken, New Jersey.

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As of 2024, approximately how many individuals were employed by Wiley worldwide?

Answer: 6,400

Explanation: As of 2024, Wiley's global workforce comprised approximately 6,400 individuals, indicative of its considerable operational scale.

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What is the NYSE ticker symbol for Wiley's Class A stock?

Answer: WLY

Explanation: The NYSE ticker symbol designated for Wiley's Class A stock is WLY.

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What was Wiley's reported revenue from Online Program Management (OPM) services in 2020?

Answer: $232 million

Explanation: Wiley reported revenue amounting to US$232 million from its Online Program Management (OPM) services in 2020, reflecting an 11% organic growth compared to the preceding year.

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Key Brands and Partnerships

Well-known brands such as "For Dummies" and "Sybex" are included within Wiley's Professional Development portfolio.

Answer: True

Explanation: Wiley's Professional Development division encompasses a range of established brands, including "For Dummies" and "Sybex," catering to various professional learning needs.

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Wiley's partnership with Christian H. Cooper, launched in 2016, focuses on creating study materials for the Financial Risk Manager (FRM) exam.

Answer: True

Explanation: The 2016 collaboration between Wiley and Christian H. Cooper was established to develop preparatory materials for the Financial Risk Manager (FRM) certification examination.

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Wiley is a signatory to the SDG Publishers Compact, committing to support the United Nations' Sustainable Development Goals.

Answer: True

Explanation: Wiley's commitment as a signatory to the SDG Publishers Compact underscores its dedication to advancing the United Nations' Sustainable Development Goals within the publishing industry.

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The contract with Project DEAL, signed in 2019, enabled open access for Wiley's journals to institutions in the United States.

Answer: False

Explanation: The Project DEAL contract, executed in 2019, facilitated open access for Wiley's journals to institutions within Germany, not the United States.

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Which of the following brands is mentioned as part of Wiley's Professional Development offerings?

Answer: For Dummies

Explanation: The brand "For Dummies" is explicitly listed as part of Wiley's Professional Development portfolio.

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Wiley's partnership with Christian H. Cooper, launched in 2016, is designed to provide resources for preparation for which certification examination?

Answer: Financial Risk Manager (FRM)

Explanation: The partnership between Wiley and Christian H. Cooper, initiated in 2016, focuses on developing study materials for candidates preparing for the Financial Risk Manager (FRM) exam.

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