4 responses

  1. Kasey Gandham
    December 1, 2012

    Clearly a great potential opportunity for MHE in terms of further product development, but with products like the above mentioned, the company ultimately has a great portfolio yet has struggled to effectively push them out. Though they can bring a lot of great capital for further R&D, what will be interesting is to see how/if Apollo will consolidate or focus distribution efforts. Brian is right, they are absolutely ‘ready’ to make the digital switch, but execution is a completely different story. I think we’ve been ready for two years, but still unfortunately staring at a 3% ebook adoption rate. On the bright side, it’s now a corporate priority for them : )

  2. Thad McIlroy (@ThadMcIlroy)
    December 2, 2012

    I had not seen this very good post last night when I blogged that “McGraw-Hill Education, with similar sales and profits, commanded just under 30% of what Thomson Learning sold for 5 years ago.” The last public reporting year for Cengage before the purchase was 2005 when sales were $2.3 billion.
    http://thefutureofpublishing.com/2012/11/mcgraw-hill-sold-for-a-fraction-of-cengage-learning/

  3. BBergwall (@bbergwall)
    January 13, 2013

    The process of moving from print to digital is not simply a new product so much as a whole new process; a whole new way of thinking. Traditional publishers will need to gut their current incremental (top-down, command ‘n ‘ control, AE-driven) “publisher approach and think more like a “solution provider” where a deep understanding of what their client is trying to accomplish is critical. Rev per client (RPC) needs to replace the traditional rev per title as a key KBI. The “title-based” (ISBN) approach is over and Pearson acquisition of Embanet is but one example of how traditional EDU publishers can re-invent themselves and hopefully thrive in the future.

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