Amid a boom of options in formats and distribution of course-material options, a third of students’ spending on publishers’ content has evaporated.
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.
Charting a five-year downturn in US college students’ spending on course materials, the Association of American Publishers cites a drop in the 2019 fall term.
Limited discretionary spending, censorship, piracy, and weak public policy challange the Arab world’s book industry, says Jordanian publisher Fathi Al Biss.
Two studies from campus research programs indicate that ‘students are taking full advantage of the new, cost-effective options’ from publishers.
Spain’s educational publishers raise the alarm in a new report on competing regulations, politics, and economic support in the country’s 17 regions.
The Authors Guild’s new statement sees unsettled business between Cengage Unlimited and authors over the publisher’s new usage-based royalty payments.
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.
Finding itself among a handful of European Union nations still with a state-controlled textbook market, Slovakia, says parliament member Branislav Gröhling, must change.