Shares in education publisher Pearson jump 20% on hopes of private equity bid

Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejectedPearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash offer after the educational publisher’s rejection of a potential deal worth more than £6.4bn. News of the possible offer from Apollo sent shares in Pearson, which is finally emerging from a seven-year slump marked by a string of profit warnings and a record £2.6bn loss, up 20%, making it the top riser on the FTSE 100 on Friday. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-03-11 13:22:21 UTC ]
News tagged with: #educational publisher #profit warnings #pearson

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Translation-Exchange Partnerships: Leading Publishers Share Their Experiences

In a Publishing Perspectives Talk at Frankfurt Book Fair, the chiefs of Gallimard Jeunesse, Bloomsbury Publishing, and the Quarto Group join Kalimat’s Bodour to discuss their translation-exchange partnerships.   By Porter Anderson, Editor-in-Chief | @Porter_Anderson Kalimat: ‘Proud of These... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-28 00:00:00 UTC ]
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Google aims to share revenue with news publishers

Google isn't kidding around when it says it wants to make amends with subscription-based news outlets. The search giant's head of news, Richard Gingras, told the Financial Times that the plan is to share revenues with publishers who take advantage o... Continue reading at Engadget

[ Engadget | 2017-10-23 00:00:00 UTC ]
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Global Publishing Leaders 2017: Pearson Plc

Pearson was founded in 1844 by Samuel Pearson as S. Pearson and Son, a small building firm in Yorkshire in the North of England. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Global Publishing Leaders 2017: McGraw-Hill Education

McGraw-Hill Global Education Holdings, LLC (MHGE) is a learning science company focused on higher education, professional learning and information markets both in the US and internationally with content, tools and services delivered via digital, print and hybrid solutions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Chinese education publishers found UK-based Innova

Three major Chinese education publishers have joined together to co-found a UK-based English Language Teaching publishing house. Continue reading at The Bookseller

[ The Bookseller | 2017-08-24 00:00:00 UTC ]
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Pearson sells Global Education to Puxin for £62m

Pearson has completed the sale of language training subsidiary Global Education in a deal worth $80m (£62m). Continue reading at The Bookseller

[ The Bookseller | 2017-08-17 00:00:00 UTC ]
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Partnerships: Germany’s Klett Teams with Romania’s Editorial Art in Educational Publishing

Watching Romanian youth leave for education elsewhere in Europe, Bucharest's Grupal Editorial Art is teaming up with Stuttgart's Klett Gruppe to raise educational standards at home. The post Partnerships: Germany’s Klett Teams with Romania’s Editorial Art in Educational Publishing appeared first... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-14 00:00:00 UTC ]
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Self-published archaeological thriller takes £20,000 Amazon award

The Relic Hunters by David Leadbeater is inaugural winner of online retailer’s DIY publishing prizeThe writer David Leadbeater has struck gold with his self-published archaeological thriller, The Relic Hunters, scooping up the first Amazon Kindle Storyteller award.Leadbeater pronounced it “a... Continue reading at The Guardian

[ The Guardian | 2017-07-28 00:00:00 UTC ]
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Facebook's Subscription Plan Gives Publishers Hope at Last

Credit: Illustration by Tam Nguyen/Ad AgeFacebook's plan to let publishers sell subscriptions on its platform is renewing some of its media partners' optimism about their future together.Campbell Brown, head of news partnerships at Facebook, confirmed at an industry event this week that the... Continue reading at Advertising Age

[ Advertising Age | 2017-07-20 00:00:00 UTC ]
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Edtech: Russian Publisher Prosveshcheniye Announces a Digital Educational Platform

In a bid to build a comprehensive digital educational content platform for Russia, the publisher Prosveshcheniye creates a partnership with Yandex. The post Edtech: Russian Publisher Prosveshcheniye Announces a Digital Educational Platform appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-23 00:00:00 UTC ]
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BookExpo 2017: The Joint Is Jumping at Waldorf Publishing

Waldorf Publishing refuses to accept such terms as “boutique” or “small press” as descriptive nomenclature for the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-01 00:00:00 UTC ]
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Educational Publishing Execs at HMH, Cengage Leaving

As educational publishers continue to deal with dramatic changes in the college and school markets, two high-placed executives at Houghton Mifflin Harcourt and Cengage will leave their roles later this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-26 00:00:00 UTC ]
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Sales Jump in Boom Year for U.K. Publishing

U.K. publishing sales rose 7% in 2016 over 2015, fueled by rising exports from a Brexit-weakened pound. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-28 00:00:00 UTC ]
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Pearson share slide drags down FTSE 100

The embattled publisher sees its share price slide 7.9% after going ex-dividend. Continue reading at BBC News

[ BBC News | 2017-04-06 00:00:00 UTC ]
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Polish Publishers Call for Book Tax Deductions and Make Another Bid for Fixed Prices

Having seen a bid for fixed book prices stall out before, the Polish publishers' association is making its case again to legislators in hopes of improving the industry's prospects. The post Polish Publishers Call for Book Tax Deductions and Make Another Bid for Fixed Prices appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-27 00:00:00 UTC ]
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Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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Virago to publish Trump reaction anthology Radical Hope

Virago is to publish an anthology of 31 original letters written in the weeks after the election of president Donald Trump from novelists, poets and political thinkers including Celeste Ng, Hari Kunzru and Karen Joy Fowler. Continue reading at The Bookseller

[ The Bookseller | 2017-02-15 00:00:00 UTC ]
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Publishers share roadblocks to server-to-server connections

Programmatic buying is quickly evolving, but each new integration has its own set of drawbacks. At Digiday’s Hot Topic Header Bidding event in New York City yesterday, we asked publishers what they see as the biggest barrier to adopting server-to-server connections. Publishers said they were... Continue reading at Digiday

[ Digiday | 2017-02-08 00:00:00 UTC ]
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Fallon admits 'we got it wrong' as Pearson shares plunge

Pearson's c.e.o. John Fallon has been forced to defend his position after admitting the company "got it wrong" last year, resulting in revisions to its 2017 forecast and dividend, and the withdrawal of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-01-19 00:00:00 UTC ]
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Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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