Education
For the six-month period ended Aug. 31, 2015, revenue at Educational Development Corp., which sells children’s books under the Kane Miller and Usborne imprints, jumped to $22.2 million, up 59% compared to the same period in 2014, and net income soared by over 300%, to $969,000. Sparked by those figures, EDC’s stock price rose from…
The beleaguered education giant Pearson faces a crisis in its British universities business after it imposed steep price rises on academic libraries. A string of leading universities have stopped buying the FTSE 100 company’s teaching materials in a row over charges for ebooks, The Daily Telegraph has learned. Some top institutions, including Imperial College London,…
TALLAHASSEE, Fla. and FARMINGTON HILLS, Mich.—December 7, 2015—A pilot program to offer accredited private high school diplomas and career certificates is now available online at 11 public library systems across Florida. The Career Online High School project is brought to residents in selected communities by the State of Florida and is administered by Smart Horizons…
Last Thursday, Book Business hosted the webinar, “Top Trends in Children’s Literature: Personalized and Interactive Books for the Holidays,” which highlighted how interactivity and personalization are reshaping the children’s book segment. Kristen McLean, director of new business development at Nielsen Book; Maia Haag, president of I See Me!; and Barb Pellow, group director at InfoTrends…
Going mobile is more than just big pages fitting on tiny screens. Mobile requires content to be organized so that it can be quickly served up in bite-sized chunks into any of the myriad forms that users might want, because today’s consumers want their content their way, on their devices, and in their timeframes. Publishers…
One could be forgiven for believing that MOOCs had simply faded away. When they first came on the scene, MOOCs — Massive Open Online Courses — were widely and wildly predicted to be about to change the world, and they would do this in three to four weeks. The high cost of higher education would…
NEW YORK—November 19, 2015—Global learning company Houghton Mifflin Harcourt (HMH) today announced the return of the iconic Carmen Sandiego brand, with the first-ever app for iPad and iPhone. The launch of Carmen Sandiego Returns also marks the 30th anniversary of the mysterious character, adored by millions of children and nostalgic adults alike. Featuring a glamorous…
Pearson boss John Fallon faces a daunting task to arrest the decline of the world's biggest education publisher as it battles growing political and economic strife. Fallon has endured a rough ride since he took over in 2013, with a string of profit warnings marking his tenure, in an abrupt end to the steady growth…
It’s no secret that Pearson wants to dive deeper into technology-based solutions in the education space and reduce its reliance on print. Pearson’s latest appointment to its board of directors confirms that mission and indicates an ongoing commitment to technology development. Lincoln Wallen, CTO of Dreamworks Animation, will join Pearson’s board as an independent, non-executive…
Every few months, a new study claims that gadgets in the classroom don’t improve learning—but that hasn’t stopped the educational technology market’s steady upward climb. The edtech market totaled $8.38 billion in the 2012-13 academic year, the most recent year the Education Technology Industry Network has such information available. That number is up from $7.9…