Elena Armas self-published The Spanish Love Deception in February 2021. TikTok embraced the fake dating, enemies-to-lovers romance—videos hashtagged #TheSpanishLoveDeception have been viewed 73 million times to date—and in September 2021, Atria signed Armas to a two-book deal. “The slow-burning romance heats up the pages as Armas’s witty, intelligent protagonists reveal their innermost secrets and overcome their past misunderstandings,” our review said. “Rom-com fans will be riveted.” The book debuts at #3 on our trade paperback list; rights have been sold in 23 countries, and the sequel, The American Roommate Experiment, follows in September. Pop culture critic Chuck Klosterman lands at #5 on our hardcover nonfiction list with The Nineties, a “nostalgic look at the waning days of offline culture,” our review said, that “both piques and entertains.” Klosterman characterizes the era as one of ambivalence, but the book’s opening-week sales have been decisively enthusiastic. Latin Grammy Award–winning singer Chiquis Rivera lands at #8 on our hardcover nonfiction list with the memoir Unstoppable. A Spanish edition, Invencible, debuts at #20 on our trade paperback list.
Wiley (NYSE: WLY and WLYB), a global knowledge company and a leader in research, publishing, and knowledge solutions today reported results for the first quarter ended July 31, 2023.
*GAAP Results: Revenue of $451 million (-7%), Operating loss of -$16 million (+4%), and EPS loss of -$1.67 (-$1.35). GAAP earnings impacted by impairment charges totalling $103 million, including non-cash goodwill and assets held-for-sale impairment and loss on sale of a business.
*Adjusted Results at Constant Currency (excluding Held for Sale or Sold segment results): Adjusted Revenue of $367 million (-8%), Adjusted EBITDA of $60 million (-10%), and Adjusted EPS of $0.27 (-37%).
“Our Q1 performance was as expected as we continue to execute on our plans and position Wiley for the future,” said Brian Napack, President and CEO. “While Research was down due to an unusual publishing pause in the second half of last year, we are seeing underlying strength and momentum returning, including growing article volumes, higher journal impact scores, and new partner signings. We are making steady progress on our transition and recently streamlined Wiley into one focused, market-facing team to better leverage our collective strength and drive operating leverage.”
details at: https://newsroom.wiley.com/press-releases/press-release-details/2023/Wiley-Reports-First-Quarter-2024-Results/default.aspx