June 19, 2020 | Volume 51, Number 13

Cengage Fiscal 2020 Revenue Decreases 9%

Cengage (Boston) generated $1.32 billion in revenue in fiscal 2020, ended March 31, down 9% from fiscal 2019. Learning segment adjusted revenue of $839.4 million decreased ...

Cengage’s Hansen Appraises Fall 2020 Back-to Campus

When Cengage (Boston) CEO Michael Hansen contemplates the college market opportunities for fall 2020 he knows four things:First, he is seeing that students are shunning higher-priced ...

Wiley Sees Continued Uncertainty in the Market

Companies that provide instructional resources and services to schools, colleges and universities are making few projections about their financial performances for the rest of this ...

COVID-19 Seen to Accelerate Move to Digital as Textbook Exports and Imports Decline

For the first time in nearly a decade, China was not among the 10 largest foreign markets for textbooks exported from the U.S. in the first quarter.China missed the top 10 list by one ...

New Products Address COVID-19 Needs

Instructional resource providers in K-12 and higher education continue to launch online solutions aimed at addressing student and educator needs arising from the COVID-19 pandemic.One ...

Financial Briefs, June 19, 2020

Noodle Partners (New York), a builder of online and hybrid programs, in June announced its Series B funding round of $16 million led by ValueAct Spring Fund, followed by the Lumina ...

Partnerships & Acquisitions, June 19, 2020

The nonprofit Open Up Resources (Menlo Park, CA), which focuses on K-12 English language arts and math, in June partnered with onebillion, a London-based nonprofit software developer, ...

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