<SEC-DOCUMENT>0000107140-19-000014.txt : 20190508
<SEC-HEADER>0000107140-19-000014.hdr.sgml : 20190508
<ACCEPTANCE-DATETIME>20190508080023
ACCESSION NUMBER:		0000107140-19-000014
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20190507
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190508
DATE AS OF CHANGE:		20190508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WILEY JOHN & SONS, INC.
		CENTRAL INDEX KEY:			0000107140
		STANDARD INDUSTRIAL CLASSIFICATION:	BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731]
		IRS NUMBER:				135593032
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11507
		FILM NUMBER:		19805224

	BUSINESS ADDRESS:	
		STREET 1:		111 RIVER STREET
		CITY:			HOBOKEN
		STATE:			NJ
		ZIP:			07030
		BUSINESS PHONE:		2017486000

	MAIL ADDRESS:	
		STREET 1:		111 RIVER STREET
		CITY:			HOBOKEN
		STATE:			NJ
		ZIP:			07030

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WILEY JOHN & SONS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>knewton_8k.htm
<DESCRIPTION>KNEWTON - 8K
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  <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
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  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Washington D.C. 20549</font></div>
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  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">FORM 8-K</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">CURRENT REPORT</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">May 6, 2019</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;(Date of earliest event reported)</font></div>
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  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">JOHN WILEY &amp; SONS, INC.</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Exact name of registrant as specified in its charter)</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">New York</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(State or jurisdiction of incorporation)</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">0-11507</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">13-5593032</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">----------------------------------------------------</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">---------------------------------------------</font></div>
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        <td style="width: 25%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Commission File Number</font></div>
        </td>
        <td style="width: 35%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">IRS Employer Identification Number</font></div>
        </td>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">111 River Street, Hoboken NJ</font></div>
        </td>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">07030</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">----------------------------------------------------</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">---------------------------------------------</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Address of principal executive offices</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Zip Code</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Registrant&#8217;s telephone number, including area code:</font></div>
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        <td style="width: 35%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(201) 748-6000</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">---------------------------------------------</font></div>
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  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions (see General Instruction A.2. below):</font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;&#160;[ ] Written communications pursuant to Rule 425 under the Securities Act(17 CFR 230.425)</font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;&#160;[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17 CFR 240.14a-12)</font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;&#160;[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act</font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(17 CFR 240.14d-2(b))</font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;&#160;[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act</font></div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160;&#160;&#160;&#160;&#160;&#160;(17 CFR&#160;&#160; 240.13e-4(c))</font></div>
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  <div style="text-align: left; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Item 7.01 &#8211; Regulation FD
          Disclosure</u></font></font></div>
  <div style="text-align: justify; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">On May 6, 2019, John Wiley &amp; Sons, Inc. (the &#8220;Company&#8221;), issued a press release announcing an entry into an
      agreement to purchase the assets of Knewton, a provider of courseware and adaptive learning technology.</font></div>
  <div style="text-align: justify; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">A copy of the press release is attached as Exhibit 99.1 to this report and is furnished herewith.</font></div>
  <div style="text-align: justify; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">The information in this Item 7.01 of this Form 8-K and the exhibits attached hereto are being furnished and shall
      not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Exchange Act, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such
      filing.</font></div>
  <div style="text-align: left; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Item 9.01 Financial
          Statements and Exhibits.</u></font></font></div>
  <div style="text-align: left; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(d) Exhibits</font></div>
  <div style="text-align: left; margin-bottom: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">99.1&#160; &#160; Press Release dated May 6, 2019</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>SIGNATURES</u></font></font></div>
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  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its
      behalf by the undersigned thereunto duly authorized</font></div>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">JOHN WILEY &amp; SONS, INC.</font></div>
        </td>
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        <td style="width: 45%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Registrant</font></div>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">By&#160; <br>
            </font></div>
        </td>
        <td style="width: 26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Brian A.&#160; Napack</font></div>
        </td>
        <td style="width: 25%; vertical-align: top; padding-bottom: 2px;" colspan="1">&#160;</td>
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        <td style="width: 4%; vertical-align: top;">&#160;</td>
        <td style="width: 26%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Brian A.&#160; Napack</font></div>
        </td>
        <td style="width: 25%; vertical-align: bottom;" colspan="1">&#160;</td>
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        <td style="width: 4%; vertical-align: top;">&#160;</td>
        <td style="width: 26%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">President and Chief Executive Officer</font></div>
        </td>
        <td style="width: 25%; vertical-align: bottom;" colspan="1">&#160;</td>
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          <div style="text-align: right;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">By&#160; <br>
            </font></div>
        </td>
        <td style="width: 26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ John A. Kritzmacher</font></div>
        </td>
        <td style="width: 25%; vertical-align: top; padding-bottom: 2px;" colspan="1">&#160;</td>
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        <td style="width: 45%; vertical-align: top;">&#160;</td>
        <td style="width: 4%; vertical-align: top;">&#160;</td>
        <td style="width: 26%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">John A. Kritzmacher</font></div>
        </td>
        <td style="width: 25%; vertical-align: top;" colspan="1">&#160;</td>
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        <td style="width: 4%; vertical-align: top;">&#160;</td>
        <td style="width: 26%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Chief Financial Officer and</font></div>
        </td>
        <td style="width: 25%; vertical-align: top;" colspan="1">&#160;</td>
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        <td style="width: 4%; vertical-align: top;">&#160;</td>
        <td style="width: 26%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Executive Vice President and Operations</font></div>
        </td>
        <td style="width: 25%; vertical-align: top;" colspan="1">&#160;</td>
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          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Dated: May 7, 2019</font></div>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>pressreleaseknewton.htm
<DESCRIPTION>PRESS RELEASE KNEWTON
<TEXT>
<html>
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    <!-- Licensed to: JOHN WILEY AND SONS, INC.
         Document created using EDGARfilings PROfile 5.1.0.0
         Copyright 1995 - 2019 Broadridge -->
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<body text="#000000" bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
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  <div style="text-align: left; margin-top: 12pt; margin-bottom: 12pt;"><font style="font-weight: bold; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><u>For Immediate Release</u></font></div>
  <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Wiley Signs Agreement to Purchase the Assets of Knewton</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Acquisition will expand Wiley&#8217;s position in fast-growing affordable courseware market</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">and add leading adaptive learning capabilities to enhance student outcomes</font></div>
  <div><br>
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  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">HOBOKEN, N.J.&#8212;May 6, 2019&#8212;John </font>Wiley &amp;
      Sons, Inc. (NYSE:JWa) (NYSE:JWb), a global leader in research and education, announced today it has signed an agreement to acquire the assets of Knewton, a provider of affordable courseware and adaptive learning technology for an undisclosed amount.
      The transaction is expected to close on or around May 31, 2019, subject to customary closing and regulatory conditions.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Headquartered in New York City, Knewton has developed an advanced learning system demonstrated to deliver highly-personalized learning
      experiences that drive superior outcomes. The Company&#8217;s Alta courseware platform delivers high-quality, Open Educational Resource (OER) content to more than 300 colleges and universities, with course offerings in key subject areas, including math,
      chemistry and economics. The acquisition of the <font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Alta platform, combined </font>with Wiley&#8217;s reach, will accelerate Wiley&#8217;s position in the rapidly-growing,
      affordable courseware market.</font></div>
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  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">&#8220;The Knewton team have long been pioneers in
        digital and data-driven learning and now they are leading the way in the delivery of powerful, affordable courseware,&#8221; said Brian Napack, President and CEO of Wiley. &#8220;The Alta platform&#8217;s proven ability to drive outcomes at affordable price points
        is right on target with what the market is demanding.&#160; We are truly </font>thrilled to have the team join the Wiley family.&#8221;</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Mr. Napack continued: &#8220;The demand has never been greater for courseware that addresses two critical needs in education &#8211; outcomes and
      affordability. The addition of Knewton&#8217;s technology capabilities and the Alta platform to Wiley&#8217;s portfolio of leading content, learning platforms, and business models enhances our position as a leader in the high-demand, career-focused markets where
      Wiley chooses to play. Further, it enhances Wiley&#8217;s position as the high-impact education partner for our unmatched network of university and corporate clients.&#8221;</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Knewton&#8217;s products are built on unique adaptive learning technologies that are optimized to improve learning outcomes through enhanced
      teaching and learning experiences and the delivery of real-time personalized learning recommendations. The platform&#8217;s advanced algorithms deliver custom learning experiences to address the unique needs of each learner through instantaneous feedback,
      learning pathways, and expert resources.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">&#8220;Wiley is a company that brings global scale, a legacy of integrity, and a commitment to lifelong learning, research, and innovation,
      and joining the Wiley family fulfills our vision to put achievement within reach for all,&#8221; said Brian Kibby, CEO of Knewton. &#8220;I&#8217;d like to thank our board for their guidance, our founder Jose Ferreira for his incredible vision, and most importantly,
      the talented and devoted group of Knerds at Knewton who helped us reach this point.&#8221;</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Additional Information</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Contacts</font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
      </font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Wiley Investors:&#160;</font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
      </font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Brian Campbell, +1 201 748 6874</font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
      </font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><u>brian.campbell@wiley.com</u></font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">&#160;</font><font style="font-size:
        10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
      </font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">or</font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
      </font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Media:&#160;</font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
      </font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Lauren Andrich, +1 201 748 5838</font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><br>
      </font><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><u>landrich@wiley.com</u></font></font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">About Wiley</font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Wiley drives the world forward with research and education. Our scientific, technical, medical, and scholarly journals and our digital
      learning, certification, and student-lifecycle services and solutions help students, researchers, universities, and corporations to achieve their goals in an ever-changing world. For more than 200 years, we have delivered consistent performance to
      all of our stakeholders. The Company's website can be accessed at www.wiley.com.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">About Knewton</font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Knewton puts achievement within reach for everyone through adaptive learning technology and products that deliver personalized and
      lasting learning experiences. Educators, schools and universities, and education companies around the world use Knewton to power and provide digital courses that dynamically adapt to each student's unique needs. More than 15 million students around
      the world have used Knewton-powered courses to date.&#160; Knewton was founded in 2008 and is headquartered in&#160;New York City.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Forward-Looking Statements</font></div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">This release may contain certain forward-looking statements. Reliance should not be placed on forward-looking statements, as actual
      results may differ materially from those in any forward-looking statements. Any such forward-looking statements are based on a number of assumptions and estimates that are inherently subject to uncertainties and contingencies, many of which are
      beyond the control of the Company and are subject to change based on many important factors. Such factors include, but are not limited to (i) the level of investment in new technologies and products; (ii) subscriber renewal rates for the Company's
      journals; (iii) the financial stability and liquidity of journal subscription agents; (iv) the consolidation of book wholesalers and retail accounts; (v) the market position and financial stability of key online retailers; (vi) the seasonal nature of
      the Company's educational business and the impact of the used book market; (vii) worldwide economic and political conditions; (viii) the Company's ability to protect its copyrights and other intellectual property worldwide (ix) the ability of the
      Company to successfully integrate acquired operations and realize expected opportunities and (x) other factors detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to
      update or revise any such forward-looking statements to reflect subsequent events or circumstances.</font></div>
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