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Pearson Taps Former Disney Executive Andy Bird as Next CEO

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Pearson is looking for some magic to support its transition from textbook publisher to digital education company. Today, the company announced that Andy Bird, former chairman of Walt Disney International, will be Pearson’s next chief executive, starting October 19. In 2016, the company posted a £2.6 In the U.K.,

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Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

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The biggest education company in the world is moving away from a production model that has been one of the main drivers in the rising cost of textbooks. This new development process goes into effect next year, when “we will have a substantial number of titles that we will apply this new model to,” says Pearson CEO John Fallon.

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Pearson Bets on Adaptive Learning (Again) With $25M Acquisition of Smart Sparrow

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Last week, Pearson announced it paid $25 million to acquire Smart Sparrow’s technology, in a move that the publisher says will bolster the digital infrastructure that will soon support all its future higher-education offerings. As part of the deal, most of its staff will join Pearson. million in venture capital.

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

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Last May, major textbook publisher Pearson indicated it was mulling a sale of the U.S. In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. If concluded, the sale would mark yet another major asset that Pearson has shed since John Fallon took over as CEO in 2013.

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Nine New Lawsuits Target ?Inclusive Access? Textbook Programs, Alleging Antitrust Violations

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Nine lawsuits filed in March, April and May against major textbook companies and retailers take aim at their bulk deals with colleges to offer online course materials, sometimes referred to as “inclusive access” programs. The new lawsuits argue that inclusive access deals strangle the used book market and therefore drive up textbook prices.

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When Colleges Sign ‘Inclusive Access’ Textbook Deals, Can Students and Professors Opt Out?

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They also must allow students to opt out of buying bundled books so they can find resources on their own if they prefer. PIRG obtained 52 contracts between 31 colleges and major publishers, including Cengage, McGraw-Hill and Pearson. Pearson has typically seen opt-out rates below 5 percent, according to Osborne.

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Targeting ‘Inclusive Access’ Deals, College Bookstores Sue Textbook Publishers and Retailers

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But in their complaint , plaintiffs Campus Book Company, BJJ Corporation, CBSKY, CBSNM and Renttext.com argue that these subscriptions harm independent bookstores by effectively eliminating secondary markets for course materials. McGraw-Hill Global Education Holdings, Pearson Education Inc., Cengage Learning Inc.,