He expects the share price to be driven by strong results in textbook publishing and financial services - especially the bond rating business.
Better to look at textbook publishing, where vigorous resales have led to needless revisions and ever-higher prices.
Experts in textbook publishing say it is the first time that digital content has completely replaced books for all students in a school.
Mr. Caulo, whose background is primarily in elementary- and secondary-school textbook publishing, will retain the position of president.
Jobs believed that textbook publishing was an "$8 billion a year industry ripe for digital destruction."
Author compensation for open textbooks works differently than traditional textbook publishing.
In 1978 Wilby started working in urban planning, followed by database programming and textbook publishing.
The book, the first in a projected series, is Nature Publishing's first foray into textbook publishing.
This scenario calls for Macmillan to retain the textbook publishing and information service units that fit best with its existing businesses.
NPG is trying to break into textbook publishing, and they have plenty of money behind their established journals to fund the venture.