Cengage Learning reached an agreement with an ad hoc committee of first lien lenders to reduce approximately $4 billion of the company’s $5.8 billion of outstanding debt, the company announced yesterday. In conjunction with the deal, and as the company announced it might in May, Cengage and its domestic, wholly owned subsidiaries filed voluntary petitions for Chapter 11 in the Bankruptcy Court for the Eastern District of New York. (Cengage’s non-U.S. subsidiaries are not included in the filings and “will continue to operate in the ordinary course without interruption,” the company said in a statement.)
Westerns may represent only a tiny piece of the larger genre pie, but the staying power of Five Star Publishing, a Gale/Cengage Learning company whose primary audience is libraries, indicates a small but dedicated audience still exists. This July, Five Star launched a new line, Frontier Fiction, which will publish 12 titles a year. “Frontier […]
Wednesday, May 8, 2013, 2:00-3:00 PM ETEvery book has a story. Peak behind the scenes…learn the secrets, curiosities, and fun facts about two essential reference series from Gale. Register today to reserve your spot in this informative session brought to you by Gale, Cengage Learning. Archive now available!
The stultifying confusion over library ebook lending would benefit from a more empirical approach, and I would like to propose that for at least the short term HarperCollins’s 26-loan cap model, while far from perfect, should receive more careful analysis.
Gale/Cengage Learning, in partnership with WebJunction, is offering scholarships that will pay for the library staffs from two small and rural libraries to attend the 2012 Public Library Association (PLA) annual conference in Philadelphia, PA. As part of its Small Library Support Program, Gale will provide travel, lodging registration and all related expenses for library […]