The decade-old litigation over digitized course readings made another appearance before the 11th Circuit last week, but the case could still be far from a conclusion.
The adult trade segment was one of three major publishing categories to have an increase in the first three months of 2017 over 2016. The higher educational course materials segment had the largest gain in the period, with sales up 24.3%, according to the AAP.
A federal judge has found that Moppet Books had infringed copyright with its unauthorized children's "learning guides" to a host of classic novels.
A discussion on how watermarking e-books plays into publishers' overall DRM strategies, and its effectiveness.
Revenue at the publisher rose 4% in fiscal 2017 over the previous year, and operating income increased 17%. In announcing its latest financial results, the company also unveiled a program called Scholastic 2020, which aims to drive long term improvement in operating income.
The industry sales report for 2016 found that total sales for the industry fell 6.6%, compared to 2015. Based on sales from 1,207 companies that report to AAP, total sales last year were $14.25 billion, down from $15.26 billion in 2015.
Despite posting record revenues and a 35% increase in net earnings in the fiscal year ended February 28, Educational Development Corp. faced numerous challenges in 2017, including the inability to keep up with customer demand.