Publishing analyst Carlo Carrenho kicks off the week with a review of the headlines from across the international publishing world.
Publishers and Authors Sue Meta, Alleging ‘Massive’ Copyright Infringement Behind Its Llama AI Service
The class action lawsuit, filed in New York, accuses Meta—and its founder and CEO Mark Zuckerberg personally—of building its Llama AI service with unauthorized copies knowingly sourced from illegal pirate sites.
International Houses Sue Google Over Ads for Pirated Ebooks
Elsevier, Cengage Learning, Macmillan Learning, and McGraw Hill charge that Google has ’caused immeasurable harm’ by advertising pirated content.
McGraw Hill’s Digital Learning Tools See Strong International Uptake
Some 15 percent of the 5.9 million activations of the McGraw Hill Connect education platform in 2020 came from outside the United States.
Cengage Announces a Termination of Its McGraw-Hill Merger Agreement
The two major educational publishers announced an all-stock merger a year ago, but ran into regulatory issues and criticism around market dominance and pricing.
Cengage and McGraw-Hill Merge, Hansen Leads Company
Anticipating a combined pro forma cash revenue of US$3,157 million, the new entity will take McGraw-Hill’s name, the deal expected to close by early 2020.
Education Publishers Push Digital Content as the New School Year Begins
A study commissioned by Ingram finds that students delay or avoid purchasing expensive textbooks. Education publishers respond with digital textbooks.
McGraw-Hill Opens Ebook, Textbook Rentals with B&N Education, MBS, Chegg
Promising as much as 70-percent savings over ‘the costs of traditional bound print textbooks,’ McGraw-Hill Education is teaming with Barnes & Noble Education. MBS Textbook Exchange and Chegg on an ebook and textbook rental program.
McGraw-Hill and iFlipd Pilot a Weekly Textbook Rental Program
In a timely partnership for the school year, international publisher McGraw-Hill and ebook-and-print bundler iFlipd pilot a $15-per-week textbook rental.
Three Publishers, Two Distributors: Combatting Counterfeit Print Textbooks
In an effort to combat counterfeit print textbooks, distributors partner with publishers on a protocol of inspection and alerts.
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