August 13, 2012 | Volume 43, Number 17

Pearson Tops Simba's Publisher Index in 2011

The school market was not kind to publishers in 2011, but Pearson came closest to holding on; while revenue in its U.S. school business declined, the company said it did better than ...

Cengage Learning Revenue Grows 6.2% in Fiscal 2012

Cengage Learning (Stamford, CT) ended fiscal 2012 with solid revenue growth, modest EBITDA growth, progress in its digital transformation and investment in revitalizing its sales ...

HMH Works with Kno to Bring Digital Texts to Parents and Students at Home

Houghton Mifflin Harcourt (Boston) has the content; Kno (Santa Clara, CA) has the digital platform and marketing strategy. The venerable textbook publisher and the start-up educational ...

California Aid Cut List Stings Career Colleges

California toughened up its standards for institutions to participate in the state’s Cal Grant student aid program, cutting 154 higher-education institutions—mostly for-profit ...

McGraw-Hill Buys Key Curriculum Technology Assets

McGraw-Hill Education (New York) in August acquired the technology assets of Key Curriculum (Emeryville, CA), effectively ending the 41-year run of Key Curriculum as an independent ...

El-Hi Sales Tumble 10.9% in April

The pattern of declining sales of elementary and secondary school instructional materials that prevailed in the first quarter continued in April. Net sales in April declined 10.9% to ...

Amazon Moves into College Textbook Rentals

Amazon (Seattle) may be late to the textbook rental party, but as the driver of online etailing in textbooks, Amazon is poised to shape the future of textbook rental programs in the ...

People...

Todd Nelson, currently CEO of for-profit career college operator Education Management Corp. (Pittsburgh), on Aug. 15 becomes the companies new chairman. Nelson, who has been CEO since ...

Partnerships & Acquisitions...

Blackboard (Washington, D.C.) in July was named a strategic partner of Saudi Electronic University, the the Saudi Arabian government-created online university designed to centralize ...

News Briefs...

Online ebook database provider ebrary (Palo Alto, CA), a business of ProQuest (Ann Arbor, MI), in July expanded its offerings to community and career colleges, adding more than 1,000 ...

Around the States...

The Board of Governors of the State University System of Florida in July awarded a $270,000 consulting contract to The Pathenon Group (Boston) to suggest options for expandinguse of ...

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