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Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

Edsurge

Last May, major textbook publisher Pearson indicated it was mulling a sale of the U.S. In Pearson’s 2017 full-year results report , the publisher stated that “we have concluded the strategic review of our US K12 courseware business and have classified the business as held for sale.”

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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

Edsurge

Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. But these massive open online courses still continue to shape the way people around the world learn and access education. What’s Next for Pearson?

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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

Goldman, vice president of textbooks and e-books at Chegg, a student services provider that notably sold its print textbook inventory to Ingram in 2015, adoption of digital materials among students has been slower than he predicted. For Pearson, non-digital revenues still dominate at 38 percent, down from 41 percent the year prior.

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?Major Textbook Publishers Sue Follett Over Counterfeit Sales

Edsurge

Three of the country’s largest publishers, Pearson Education, McGraw-Hill Education and Cengage Learning, are suing Follett Corporation, a major textbook distributor, on charges of selling counterfeit textbooks in its stores. Other textbook distributors, including Chegg, Inc.

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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

Big names in the publishing industry like Cengage and Pearsons have already moved to digital publishing and have built their loyal customer base. Companies like Chegg, eFollett, and BookRenter are offering new textbooks on rent for less than the price of a used book. These apps will give students access to a number of eBooks.

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Can Technology in the Classroom Replace Expensive Textbooks

Kitaboo on EdTech

Cengage recently introduced a new subscription model that gives students access to all of the company’s digital course materials for a semester or an year. Students can access more than 20,000 course materials— courseware, eBooks, online homework and study tools, across more than 70 disciplines and 675 courses.

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In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

Edsurge

I'm thinking you could sell a single book for $120 and now you're giving unlimited access for $120 total. I think Pearson has seen it. Tell me a little bit about some of your recent partnerships with companies such as Chegg. Chegg provides, amongst other things, tutoring services. I think Chegg is doing well in that.

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