March 1, 2019 | Volume 20, Number 5

Cengage Unlimited Gains Nearly 1 Million Subscribers

When Cengage (Boston) back in 2017 began touting its forthcoming new subscription model for courseware in the college market, the company expected it to disrupt distribution models. ...

Houghton Mifflin Harcourt Touts Extensions Business Growth

Houghton Mifflin Harcourt (Boston) delivered financial results in 2018 in line with guidance for the second year in a row and is preparing to make the best of a more robust K-12 market ...

Pearson North America Revenue Slides Down 1% in 2018

Pearson (London/New York) generated underlying revenue of £4.13 billion/$5.24 billion in 2018, down 1% driven by revenue declines in U.S. higher education course materials of 5% and ...

PE Firm Buys Pearson’s U.S. K-12 School Business

Pearson (London/New York) in February found a buyer for its U.S. K-12 courseware business in private equity Nexus Capital Management, one year after classifying the business unit as ...

Startup Execs Advise on Going to Market

One of the important strategies for ed tech entrepreneurs is how to market their hot new product. Several startup executives shared some practical advice at the LearnLaunch Across ...

Florida Changes Adoption Schedule; Plans New Standards

Florida Gov. Rick Scott moved to get rid of the Common Core standards in 2016. The new Florida State Standards apparently did not do the trick.Schools in Florida and publishers and ...

New CFO at Cengage

Cengage (Boston) in February named Bob Munro executive vice president, chief financial officer, effective April 1. Munro will report directly to CEO Michael Hansen.Munro succeeds ...

News Briefs, March 1, 2019

Digital platform developer Copia Interactive (New York) in February expanded its partnership with the Auburn University (AL) Bookstore for the delivery of course materials on the Copia ...

Partnerships & Acquisitions, March 1, 2019

The Purdue University (West Lafayette, IN) Online Writing Lab and student services provider Chegg (Santa Clara, CA) in February forged an exclusive agreement to integrate Chegg’s ...

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