May 12, 2017 | Volume 48, Number 10

Pearson Weighs Sale of K-12 Curriculum Business

Pearson (London/New York) has been cutting staff and selling businesses for the last several years and still is looking for ways to simplify the operation of the largest education ...

Allin Resigns at Wiley; Kissner Tapped as Interim CEO

John Wiley and Sons (Hoboken, NJ) in May said that president and CEO Mark Allin had resigned for family reasons, effective immediately. Matthew Kissner, a Wiley director since ...

Houghton Mifflin Harcourt Is Encouraged by Q1 2017 Revenue Growth

After a tough year in 2016, Education segment revenue at Houghton Mifflin Harcourt (Boston) increased 6.4% to $185.4 million in the first quarter, driven largely by increased sales in ...

Texas State Board of Ed Approves Streamlined Science Standards

The Texas state Board of Education in April approved new K-12 science standards that provide the framework for how students in the state study science. In doing so, the board made ...

Chegg Raises Guidance After Solid Q1 Results

Student online services provider Chegg (Santa Clara, CA) generated $62.6 million in revenue in the first quarter, down 6.1% from $66.7 million in the same period last year.Despite the ...

California’s Rosier than Expected May Budget Revision

An improved economic outlook in California puts Gov. Jerry Brown’s May budget revision in a better light overall with $2.5 billion more in revenue. However, the revenue forecast ...

People 5/12/2017

Dan Rosensweig, president and CEO of Chegg (Santa Clara, CA), in May was nominated for a seat on the Time Inc. board of directors. Rosensweig will stand for election at Time’s Annual ...

Acquisitions & Partnerships 5/17/2017

John Wiley & Sons (Hoboken, NJ) has teamed up with start-up StudyAce (San Francisco), which provides a customizable learning platform that integrates course content into a variety ...

News Briefs 5/12/2017

Pearson (London/New York) in May formed a direct digital distribution partnership with the University of Hawaii System, through which faculty in 10 colleges and universities in Hawaii ...

AWL Becomes Nation’s Largest Educational Publisher with S&S Buy

(Editor’s Note: This story ran in the June 8, 1998 issue of Educational Marketer) Pearson’s Addison Wesley Longman (Reading, MA) will control the U.S. K-12 and college textbook ...

Addison Wesley Longman and Simon & Schuster Start Long Road to Merging the Two Publishers

(Editor’s Note: This story ran in the June 15, 1998 issue of Educational Marketer) Though the ink is barely dry on last month’s announcement that Pearson Plc. (London, U.K.) agreed ...

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