1339 ET - John Wiley & Sons will lean into the corporate market for growth. The publishing company, which focuses on academic and instructional materials, says corporate revenue currently accounts for about 10% of its top line. "Over time, we expect this to materially expand," CEO Matthew Kissner says on a call with analysts, in part noting the company's ongoing expansion into corporate research and development. "The big trend, of course, is AI," Kissner says. AI revenue totaled about $40 million for the year, including a recent $18 million licensing agreement. "We are an AI beneficiary with content that is well suited for both training and inference," he says. John Wiley & Sons climbs 11%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

June 17, 2025 13:39 ET (17:39 GMT)

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