Wiley Sees Digital Revenues Up From Last Year, Down From Previous Quarter

Book publisher John Wiley & Sons’ professional/trade book division made $9 (£5.85) million from e-book sales in the second quarter of fiscal year 2012, with e-books making up 8 percent of sales for the division.

E-book sales were $9 (£5.85) million for the quarter, accounting for 8 percent of the professional/trade division’s revenue–up from $4 (£2.6) million and 3 percent this time last year. In Q1 2012, e-book sales were $11 (£7.15) million, accounting for 11 percent of the division’s revenue.

Overall, professional/trade revenue was $11 (£7.15)2 million, down 1 percent from the same time last year. The company attributes the decline to “softness in the consumer line, particularly in cooking and travel.” Sales of consumer books in all formats fell 10 percent, to $34 (£22.1) million, “due in large part to Borders.” Sales of business and technology books were up 3 precent and 7 percent, respectively, to $36 (£23.4) million and $21 (£13.65) million, with strong sales in digital formats.

I’ve updated our Publishers’ Digital Revenues chart with Wiley’s latest.