January 4, 2019 | Volume 50, Number 1

EM Exclusive: OER Use in K-12 Likely to Accelerate

A number of factors are driving the adoption of open educational resources in K-12 classrooms, including a fit with current educational trends, an interest in staying current amid ...

Scholastic Revenue Rises in the Second Fiscal Quarter

Scholastic (New York) revenue in the second fiscal quarter, ended Nov. 30, was $604.7 million, an increase of 1.1% compared to $598.3 million in the second quarter of 2018, with 1% ...

Career Colleges Adjust and Build for the Future After Mixed Q3

2018 was a year of change for many of the for-profit career college operators. Some of that change was in the works for several years. But all of it is part of the general upheaval in ...

Executive Suite Changes

The end of 2018 brought several changes in executive suites in the educational publishing industry. Among the most notable, McGraw-Hill (New York), named Mike Evans chief financial ...

Cengage Unlimited Is Now Available through Amazon.com

Cengage (Boston) as of Jan. 1, 2019, added Amazon.com to the list of sources able to sell students its new subscription service, Cengage Unlimited. The arrangement with Amazon expands ...

Texas Sales Skew G-W Financial Results

Goodheart-Willcox (Tinley Park, IL) generated $8.8 million in revenue in the company’s fiscal second quarter, ended October 31, 2018, down 36.3% from the same period the year before. ...

Scholastic Impacted by Revenue Recognition Change

The impact of the new ASC 606 revenue recognition guidelines adopted by Scholastic in the current fiscal year served to lower revenues by $10.8 million in the fiscal second quarter. ...

News Briefs, Jan. 4, 2019

The New Mexico Supreme Court in December ruled that taxpayer dollars can be used for nonreligious textbooks in both religious and secular private schools, reversing its previous ...

Partnerships & Acquisitions Jan. 4, 2019

Pearson (London/New York) is partnering with the international ESSEC Business School to launch online Executive Master in Digital Transformation, a program for managers developed to ...

People Briefs Jan. 4, 2018

The Florida State Board of Education in December chose Richard Corcoran as Florida’s new education commission. Corcoran, an attorney, just concluded a two-year term as House speaker ...

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