John Wiley’s conference call with investors following yesterday’s quarterly earnings release yielded more interesting conversation than these events often produce. (It includes a discussion of possible economic models to drive open access research publishing). CEO William Pesce says that in the “very weak retail environment particularly in the US….we’re anticipating that the improvement will come or begin to come in the fourth quarter. That assumes of course that there’s nothing that happens in a significant way in terms of markets deteriorating any further.” But he added, “we’re not expecting a huge turnaround in the market in the fourth quarter but […]
