Licensing2024-08-30confirmed

Undisclosed × John Wiley & Sons, Inc.

Academic publisher Wiley revealed it is set to make $44 million from multiple undisclosed AI partnerships within the current financial year. [45] The company had already earned $23 million from the deals and expected a further $21 million. [45, 49] The agreements allow tech firms to use Wiley's content to train their AI models.

Price paid
$44M
per year
Losing bid
Per unit
no meaningful ratio

The asset

Access to the publisher's corpus of authors' content, including journals and books, for the purpose of training Large Language Models (LLMs). [45, 53]

The record

Seller status
Going concern
Sector
academic publishing
Modalities
text
Jurisdiction
US
Personal data
The company confirmed it did not offer a specific opt-out for authors on the licensing agreements. [45]

What it means if you hold data

This deal demonstrates that even without revealing the identity of the buyers, a major academic publisher can secure significant revenue from its content archive for AI training. Wiley's public confirmation of the revenue and its 'no opt-out' policy further solidifies an emerging industry standard where publishers license content under existing author agreements.

Sources