March 17, 2017 | Volume 48, Number 6

Jobs on the Line at Houghton Mifflin Harcourt

Cost-cutting and simplifying business operations are the newest buzzwords among the largest instructional materials providers in both the K-12 and higher education sectors; and ...

Wiley Starts Spring Cleaning Plans with its Book Businesses

In 2016, John Wiley & Sons (Hoboken, NJ) moved its Education publishing businesses, including Course Workflow (WileyPLUS), into a Publishing segment with STM and Professional ...

Textbook Trade Balance Favored U.S. Publishers in 2016

In 2016, the trade balance in textbooks significantly favored exports from the U.S. to foreign markets, a position that improved from the previous year.The value of textbooks going out ...

Revenue Declines, but Chegg Touts Transition to Services

2016 was the target date for transforming Chegg (Santa Clara, CA) from a textbook company to an all-digital business. Three years in the making, the transformation was completed, ...

Lining Up for Online College Bookstores

The completion in February of the Barnes & Noble Education (Basking Ridge, NJ) $174.2 million cash acquisition of MBS Textbook Exchange (Columbia, MO) opened a window into the ...

Inventory Corrections, Pricing Cuts Hit Nebraska Book, Too

Nebraska Book Co. (Lincoln, NE), a used college textbook wholesaler and e-commerce and business services solutions provider to college stores, generated $17.8 million in revenue in its ...

News Briefs 3/17/2017

Middlebury Interactive Languages (Middlebury, VT) in March received a grant from the Qatar Foundation International to provide up to 16 student scholarships for the 2017 Arabic Summer ...

People Briefs 3/17/2017

As part of the ongoing expansion of its international team, VitalSource Technologies (Raleigh, NC), a business of the Ingram Content Group (Nashville, TN), in March named John Donovan ...

Partnerships & Acquisitions Briefs 3/17/2017

TeamDynamix (Columbus, OH), providers of work management solutions for higher education, in March became an Ellucian (Fairfax, VA) Alliance Partner. The partnership allows TeamDynamix ...

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