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May 17 2012 - 04:52 PM
Trends in Ed: Bankrupt HMH Moves on K-12 E-Textbooks
hmhdolphin Houghton Mifflin Harcourt's been making news lately, not all of it good. The educational publisher announced a move last week into bankruptcy process and reorganization to eliminate $3.1 billion in debt. They also recently announced a content partnership with Barnes & Noble to put pre-loaded, institutional Nook collections in K-12 classrooms and the release of two enhanced iBooks titles on the new platform for iPad. The focus on K-12 markets drew flak on the e-reader blog beat for its limited scope, but the prospect of annual e-textbook licensing and the stability of institutional subscriptions seems like a unifying move for HMH. The publisher hopes to use their new financial flexibility to focus on digital expansion and growth initiatives like their licensing partnership with Amazon's new publishing arm.
Posted in: Trends in EdNew Learning Times|By: Laura Costello|1490 Reads