Pearson Publishing has reported quarterly results today and the company has seen 3% growth on its extensive portfolio. The Financial Times and Penguin both fall under the Pearson banner. The most successful ventures for the company continues to be the educational market that nets 60% of its total revenue. The Financial Times also has seen robust sales even though advertising … [Read more...] about Pearson Publishing Experiences 3% Growth
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Apple, Pearson, and Macmillan Continue to Fight Against eBook Settlement
Apple, Pearson and Macmillan are fighting tooth and nail to bow down to pressure to settle their price fixing lawsuit raised by the EU and US Justice Department. Meanwhile, CBS Corp's Simon & Schuster Inc, HarperCollins Publishers Inc, and Lagardere SCA's Hachette Book Group just want it to be over. Last week sources at the USA Justice Department said on record that they … [Read more...] about Apple, Pearson, and Macmillan Continue to Fight Against eBook Settlement
Pearson Publishing Buys A&R and Borders Websites
We have been reporting the last few months about the failure of Borders, Redgroup, and Angus and Robertson in Australia. Recently the chain all went bankrupt the final stores closed down in the last few weeks. What does this mean for customers who bought e-readers and have no place to buy ebooks? Enter Pearson Publishing who just bought all of the websites. Just who is … [Read more...] about Pearson Publishing Buys A&R and Borders Websites