Digital publishing for the academic arena has a lot of support, mostly for materials aimed at the higher education market. The much-needed access to up-to-date and relevant content, coupled with the typically lower cost of digital textbooks and learning software, has made companies like Cengage a growing force in publishing. But as of last summer, Cengage (creators of … [Read more...] about Cengage Learning Reaches Agreement in Bankruptcy Proceedings
bankruptcy
Borders to file for bankruptcy
Desperate times call for desperate measures and the latest to find themselves on the wrong side is Borders Groups Inc. So much that the famed Ann Arbor, Mich., bookseller is left with no other option but to file for bankruptcy, which is a clear indication of their financial woes having only worsened in recent times. Final preparations are currently on so that we might get to … [Read more...] about Borders to file for bankruptcy