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.
Cengage Cites First Full Academic Year of ‘Unlimited’ as a Success
Education content subscription model Cengage Unlimited has sold more than one million subscriptions since August 2018, according to preliminary data from Cengage.
A Member of Slovakia’s Parliament Calls for a Competitive Textbook Market
Finding itself among a handful of European Union nations still with a state-controlled textbook market, Slovakia, says parliament member Branislav Gröhling, must change.
Russia Textbook Piracy Is In the News: 160,000 Copies Reported Seized
New reporting in the Russian news media say that the educational sector’s large runs and distribution to the provinces help make textbooks attractive to organized crime.
Industry Notes: Penguin Random Opens Education Site, Cengage Unlimited Provided by Two Campuses
A new Penguin Random House site for educators markets curriculum-relevant titles from both the frontlist and backlist. And two programs are providing tens of thousands of Cengage’s new subscription to students.
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.
Cengage Unlimited Signs the University of the Southwest to Its New Subscription Model
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.
Prosveshchenie and Pearson in Educational Content Distribution Deal in Russia
In Russia, there is a growing demand for English language learning. Russian publisher Prosveshchenie announces a joint venture with Pearson to supply educational material to the market
University College London Press Passes 1 Millionth Open Access Book Download
As it reaches its third anniversary, UCL Press declares its open access–only model a success, calling it as transformational today as ‘the invention of movable type printing.’
When Rights Are Alleged To Be ‘Trampled’: Authors Sue Education Publisher Cengage
How are authors’ contractual rights with a publisher best handled when the house rolls out a digital subscription offer and promises that its entire content library will be on offer that way? An authors’ lawsuit of Cengage is calling the question.