Thu, 09/05/2013 - 12:51
Microsoft has offered to buy Nook Media for $1bn, according to reports.
TechCrunch cites internal documents it has seen revealing that Microsoft would want to buy the e-book business out of Nook Media, but leave behind the college...
Mon, 29/04/2013 - 10:00
Pearson has begun cutting English Language Teaching jobs from the UK and US and is replacing them with roles abroad, as the company starts to implement its new strategic framework.
An unspecified number of staff have been axed in the US and the UK as part of plans to create a new global marketing structure in Pearson’s English...
Fri, 26/04/2013 - 10:04
Pearson has reported a first quarter in line with their expectations, with Penguin seeing “a good start to the year”.
The education company saw sales, including Penguin, rising by 3% for the three months ended March 31st 2013, to £1.2bn, a headline increase of 4%, with an underlying decline of 1%.
Mon, 22/04/2013 - 09:00
The Penguin Random House merger has been approved in Canada, with the Canadian Competition Bureau and the Department of Canadian Heritage clearing the move without any conditions.
Both parent companies, Pearson and Bertelsmann, welcomed the Canadian authorities' decision, which came through on Friday [19th April].
Thu, 18/04/2013 - 11:10
Puffin title But Excuse Me That is My Book by Lauren Child, and Tom's Mad Mop by Celia Warren and Bill Ledger (Pearson UK) have been selected as this year's free Booktime books.
One and a half million free books are gifted through the scheme operated by charity Booktrust in partnership with Pearson, with 730,...
Tue, 09/04/2013 - 14:31
Pearson has bought complete control of the vocational training company IndiaCan.
Originally set up by Pearson and Educomp in 2009, IndiaCan is one of India’s leading vocational raining companies and operates throughout the country.
Pearson has now bought Educomp’s 50% shareholding in the company. The deal follows...
Tue, 02/04/2013 - 09:00
The Society of Authors has criticised a decision by Pearson to change the way it pays some of its authors for their publications.
Instead of receiving royalties based on how many books they sell, Pearson will now pay some authors upfront fees instead, meaning they would lose out on a share of the profit if their title becomes a...
Wed, 27/03/2013 - 13:04
Bertelsmann and Pearson are to win unconditional EU regulatory approval for the Random House/Penguin merger, without concessions, according to Reuters.
Antoine Colombani, spokesman for competition policy at the European Commission,...
Fri, 08/03/2013 - 09:15
Pearson is to make a number of employees in its English language teaching and language testing departments redundant as it seeks to adapt to a changing market.
The entire ELT sales team at Pearson is understood to have been told their roles are under threat, among others in the department. Staff were given news of the reorganisation...
Thu, 07/03/2013 - 13:17
The president of Pearson UK Rod Bristow has come out in support of the government’s plans to introduce courses in engineering and construction, while pledging the company would create “world class” vocational qualifications.
The department of education has announced it will develop seven qualifications in...