
♦ Viva la Difference!
The buzzword for the foreseeable future in European publishing is difference, and this perspective of increasing differentiation — or fragmentation — is the fallout of globalization. Some companies have moved out of traditional publishing altogether, most notably in 2007 Reed Elsevier, which sold Harcourt’s international and testing operations to the U.K.–based Pearson and dealt Harcourt’s U.S. educational/trade/reference units to the Ireland/Cayman Islands–based Houghton Mifflin Riverdeep. Read about foreseeable trends in the publishing industry by clicking on the following link. — Publishers Weekly
♦ An archive as gripping as it is good
Over the years The Economist has provided not only economists but anyone with a keen interest in current affairs with a detailed analysis of events shaping the world. The magazine’s rich history has now been uncovered by digitisation. In association with digital archive specialist Cengage, formerly Thomson Learning, the Economist Archive offers a wealth of insights into economic and political affairs from 1843 to 2003. – IT Week
♦ O’Callaghan’s HM Riverdeep stake to hit €1.5bn after deal
HM Riverdeep boss Barry O’Callaghan’s recent $4bn (€2.7bn) deal to add Reed Elsevier’s Harcourt U.S. education business to his publishing empire could result in the value of his personal stake soaring to $2.2bn (€1.5bn). – Independent.ie
♦ Paradigm Group Launches New Online Education Program
Paradigm Group, a full service master supplier, facilities products manufacturer, warehouse packaging and marketing consulting company, introduced a new online education program that will provide the distribution channels more training flexibility and education options. – Logistics Online
♦ PARENT POLITICS: Election offers teachable moments for mom and dad
Scholastic News Online, part of education publishing company Scholastic, Inc., has 50 reporters in schools around the country, covering the 2008 election for its Web site and magazine. The students’ effort is rubbing off on their parents. Some claim to be aware of political issues and candidates’ platforms this election year than maybe ever before. – New Albany Tribune
♦ Voyager Expanded Learning’s Vital Indicators of Progress (VIP) Monitoring Tool Receives Positive Review from National Center on Student Progress Monitoring
Voyager Expanded Learning announced today that its reading progress monitoring tool, Vital Indicators of Progress, also known as VIP, received seven out of seven “demonstrates sufficient evidence to meet the basic standard” on two measures (Nonsense Word Fluency and Phoneme Segmentation), and six out of seven “demonstrates sufficient evidence to meet the basic standard” on two additional measures (Initial Letter Sound Fluency and Letter Naming Fluency), after a review by the National Center on Student Progress Monitoring. Results of the review are posted on the organization’s website. – CNN
♦ Job Cuts at McGraw-Hill Will Eliminate 3% of Staff
The McGraw-Hill Companies said Tuesday that it was cutting 611 jobs, or 3 percent of its staff, and taking an after-tax charge of $27.3 million, or 8 cents a share, in the fourth quarter. The greatest number of job cuts are at McGraw-Hill Education, whose products include course work materials. The unit is eliminating 304 jobs and will take a pretax restructuring charge of $16.3 million. – The New York Times
♦ Harcourt San Diego Office to Close
Employees in Harcourt’s San Diego trade division were told Thursday that the office will close June 30. The announcement is the latest step in the integration of the Harcourt and Houghton Mifflin trade operations into the Houghton Mifflin Harcourt Trade & Reference Publishers division. – Publishers Weekly
♦ Groban to Head HMH Children’s; Benton Leaving
As the integration of the trade units of Houghton Mifflin and Harcourt moves forward, HMH Trade & Reference Publishers President Gary Gentel has named Betsy Groban, Senior VP and publisher of Houghton Mifflin Harcourt children’s book group. Lori Benton, VP and publisher of Harcourt Children’s Books, will leave the company at the end of the month. Groban, who is based in Boston, joined HM in 2006 as VP and publisher of the children’s book group. An HMH spokesperson said there are no current plans to merge any of the HMH children’s imprints. – Publishers Weekly
♦ Berkery Noyes Represents Hayden-McNeil Publishing in Its Sale to Macmillan Publishers…
Berkery Noyes, the leading independent investment bank serving the information and technology markets, announced that Macmillan, a leading publisher of books, textbooks, magazines, and digital media has acquired Hayden-McNeil Publishing, one of the leading publishers of custom textbooks and lab manuals for the higher education market. – Reuters
♦ Pearson Awarded Three-Year Contract to Administer California Teacher Licensure Testing
Pearson announced that its Evaluation Systems group has been awarded a three-year contract to continue managing teaching certification testing for the state of California. The California Commission on Teacher Credentialing selected the company to administer the California Basic Education Skills Test (CBEST), the California Subject Examinations for Teachers (CSET) and the Reading Instruction Competence Assessment (RICA). – Reuters