Thu, 19/07/2012 - 12:19
Pearson has acquired self-publishing company Author Solutions Inc for $116m (£74m) in cash, with Penguin c.e.o. John Makinson saying "self-publishing has moved into the mainstream of our industry".
Formed in 2007, ASI generated approximately $100m of revenues in 2011, according to a Pearson statement, growing at an...
Mon, 28/05/2012 - 06:30
International education publisher Pearson has acquired Business English language learning software company GlobalEnglish.
Pearson has acquired the company for $90m in cash. The acquisition is subject to the approval of GlobalEnglish's sharedholders.
GlobalEnglish is a provider of cloud-based, on-demand Business English...
Wed, 16/05/2012 - 16:23
Pearson has acquired professional testing company Certiport, paying $140m in cash for the US company from Spire Capital Partners.
The company is a provider of foundation-level certification programmes for technology programmes, including Microsoft, Adobe, HP, and Intuit, selling its certifications and assessments through a network of...
Thu, 03/05/2012 - 08:00
A retelling of The Tale of Peter Rabbit is to be given away as one of this year's Booktime titles.
The Tale of a Naughty Little Rabbit, published by Frederick Warne & Co, marks the 110th anniversary of Beatrix Potter’s classic. The picture book will be one of two books given to every child starting...
Mon, 30/04/2012 - 08:15
Alexander Mamut, the Blackwell and Pearson families, and Jamie and Jools Oliver are among the book trade names on the Sunday Times Rich List 2012.
Waterstones owner Alexander Mamut has become the highest ranking book trade name on the list, with the paper putting the Russian's fortune at £1.3bn, and ranking him in 53rd...
Fri, 27/04/2012 - 09:08
Pearson increased sales by 11% to £1.16bn in the first three months of 2012, it announced in an interim management statement released this morning (27th April).
The company predicted that despite a "challenging" environment, it would achieve growth in sales and operating profits for the year as a whole, but that first...
Wed, 18/04/2012 - 11:09
E-textbook rental specialist Coursesmart is considering expanding its offer to trade titles, the company has revealed, as it announced details of its retail offer to students.
The online e-textbook platform owned by publishers Pearson, Cengage, Macmillan, McGraw-Hill and Wiley told a London Book Fair lunch gathering it hoped to...
Mon, 26/03/2012 - 08:00
Pearson chief executive Marjorie Scardino earned almost £2.5m in 2011, down on £2.662m in 2010, according to the company's annual report, issued on Friday (23rd March).
Scardino was paid a salary of £993,000, with her annual incentive, allowances and benefits totaling a £2.455m payout last year.
Fri, 02/03/2012 - 10:00
US digital textbook rental service CourseSmart has soft-launched in the UK, with industry insiders suggesting that its move could herald "the year of the digital textbook".
Former Random House digital director Fionnuala Duggan is leading the UK and European launch of CourseSmart, a platform designed as a "one-stop shop...
Mon, 27/02/2012 - 09:00
Penguin has reported sales of £1.04bn in 2011, growing 1% on an underlying basis, though representing a headline drop of 1%, with adjusted operating profit up by 5%, or 8% on an underlying basis, to £111m. Penguin e-book revenues were up 106% year on year, equalling 12% of total Penguin revenues, or £126m.