Report: “Wiley Set To Earn $44M From AI Rights Deals, Confirms ‘No Opt-Out’ For Authors”
From The Bookseller:
Academic publisher Wiley has revealed it is set to make $44 million (£33 million) from Artificial Intelligence (AI) partnerships that it is not giving authors the opportunity to opt-out from.
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Wiley has already earned $23 million from AI deals and confirmed to The Bookseller that it is set to make a further $21m this financial year.
A spokesperson confirmed that Wiley authors are set to receive remuneration for the licensing of their work based on their “contractual terms”.
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About Gary Price
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.