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Posts Tagged ‘John Wiley & Sons’

John Wiley & Sons Sues BitTorrent Users

Publisher John Wiley & Sons has filed a lawsuit against 27 BitTorrent users who distributed digital copies of books from the For Dummies series without authorization. Follow this PDF link to download the suit.

According to TorrentFreak, the complaint lists charges that include copyright infringement, trademark infringement and trademark counterfeiting. They also noted that the ‘BitTorrent for Dummies‘ book is not mentioned in the suit. Publishers Weekly reports that the publisher intends to combat piracy by “educating and stopping people from illegally copying its content.”

Here’s more from the complaint: “Defendants are contributing to a problem that threatens the profitability of Wiley…For example, BitTorrent users on a single site, demonoid.me, have downloaded one of the works that is the subject of this suit, Photoshop CS 5 All-In-One For Dummies, more than 74,000 times since June 6, 2010 … The damage to Wiley includes hark to its goodwill and reputation in the marketplace for which money cannot compensate. Wiley is particularly concerned that its trademarks are used in connection with unauthorized electronic products, which could contain malicious viruses.”

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This Week on the mediabistro.com Job Board: Workman, Oxford University Press, Penguin

This week, Workman Publishing is hiring a manager of digital sales and promotions, while Oxford University Press is on the hunt for a new art director. Penguin is seeking a designer for its advertising and promotion department, and Duke University Press is in need of an assistant managing editor. Get the details on these gigs and more below, and check out additional just-posted jobs on mediabistro.com.

For more job listings, go to the Mediabistro job board, and to post a job, visit our employer page. For real-time openings and employment news, follow @MBJobPost.

4th Quarter Growth for Wiley

In a statement released yesterday, John Wiley & Sons announced that third quarter revenue of $297 million increased 7% from $278 million in the previous year’s third quarter, or 5% excluding favorable foreign exchange. Adjusted earnings per diluted share was $0.55 for the third quarter, excluding an income tax benefit of $1 million, or $0.02 per diluted share. Adjusted earnings for the quarter include incremental stock option expense due to the adoption of SFAS 123R of $3 million, or $0.03 per diluted share, and a bad debt provision of $5 million, or $0.05 per diluted share related to the bankruptcy of Advanced Marketing Services, a distributor to warehouse clubs. For the first nine-months of fiscal year 2007, Wiley’s revenue advanced 9% to $845 million from $778 million in the comparable prior year period. Adjusted earnings per diluted share for the nine-month period was $1.37, excluding an income tax benefit of $5 million.

“Wiley had another solid quarter, as reflected in top-line growth of 7%. While all of Wiley’s businesses contributed to the year-on-year growth, our Global STM business had a particularly strong quarter,” said William J. Pesce, President and Chief Executive Officer.