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 content subscription model Cengage Unlimited has sold more than one million subscriptions since August 2018, according to preliminary data from Cengage.
The frustration with higher VAT for ebooks than print books may finally be over Poland as legislation is proposed to drop the rate from 23 to 5 percent.
A ‘fast follow’ is planned for Spanish-language regions for Wattpad Next payments, now beta-testing in the USA. Cengage Unlimited adds another university.
Peirene Press founder Meike Ziervogel is spending a year in Beirut to learn the language and translate more of the region’s literature into English.
Gustavo Lembert of the Brazilian book club startup TAGLivros will outline how he’s done it on October 9 at Frankfurter Buchmesse’s ‘The Markets’ conference.
Having tested the program on an invitational basis for three months, Amazon rolls out its children’s book boxes offer to the US Prime membership. And the Library of Congress holds its annual National Book Festival this weekend.
The first-announced institutional contract for the Cengage Unlimited subscription model for its digitally delivered college curriculum course materials has been signed for the 2018-2019 school year by New Mexico’s University of the Southwest.
As Sweden’s Storytel prepares to enter the Mexican market, a set of challenges awaits, from building the habit of audiobook listening to bringing aboard regional publishers.
Creating original serialized content—as in the case of streaming on-demand services such as Amazon Prime and Netflix—holds the key to success for audiobook subscriptions, says Storytel España in a new report.