October 27, 2017 | Volume 48, Number 21

Follett Joins Anti-Counterfeit-Textbook Initiative

Follett Corp. (Westchester, IL) in October joined other retailers and publishers and adopted the Anti-Counterfeit Best Practices, considered the industry standard in combating ...

Gates Promises $1.7B in New Education Funding

Back in 2000, Bill and Melinda Gates made education their top philanthropic priority in the U.S. because “we wanted to do something about the disparity in achievement and ...

Waterhouse is Back as Interim President at McGraw-Hill Education

Churn in the employee ranks at large traditional publishing companies is being matched by turnover in the executive suite. In October, McGraw-Hill Education (New York) and John Wiley ...

MHE Offers Sneak Peak at YTD Performance

At the end of September, year-to-date billings at McGraw-Hill Education (New York) were down 1% to 2%, compared to a 7% decline at the same point in 2016, according to preliminary ...

Napack Named CEO at John Wiley & Sons

John Wiley & Sons (Hoboken, NJ) in October named Brian Napack CEO and president, effective December 4.Napack’s charge is to pick up the reins of a portfolio review already under ...

Lynch Nails Down Executive Team at Houghton Mifflin Harcourt

When Jack Lynch was named president and CEO of Houghton Mifflin Harcourt (Boston) in February 2017, his charge was to restore the company to growth, particularly in its core basal ...

No October Surprise for Pearson

2017: Revenue in Pearson’s (London/New York) North America segment increased 3% in the first nine months of the year on headline terms and declined 4% on underlying terms and at ...

Pickrum Joins Cengage

Cengage (Boston) in October named Michael Pickrum executive vice president, chief financial officer, succeeding John Leahy, who announced in May that he would step down. Leahy served ...

News Briefs 10/27/2017

Four publishers this school year are making hundreds of titles available digitally to libraries and schools for the first time through OverDrive (Cleveland), which provides a digital ...

People 10/27/2017

Online course platform provider 2U (Lanham, MD) in October named John Dobbertin as its first senior vice president of retention and engagement and Adora Andy Jenkins vice president of ...

Partnerships & Acquisitions 10/27/2017

Unizin (Austin, TX) in October selected Cengage (Boston) to be the exclusive services partner for course design, production services, and curriculum analysis to improve student ...

Financial Briefs 10/27/2017

Educational technology investor Owl Ventures (San Francisco) in October closed a second fund at $185 million. Capital will be used to lead investments in education technology startups ...

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