Less than a year after purchasing the struggling textbook, reference, and professional business of McGraw-Hill (now known as McGraw-Hill Financial), the private equity firm Apollo Global Management (AGM) may be looking to slim down its purchase. Reports indicate the management group is shopping the professional components of McGraw-Hill Educational (MHE), which focuses on publications and digital resources for workers looking to improve their skills and continue their education.
Librarians rejoice! The Supreme Court of the United States insisted in its Wiley v. Kirtsaeng decision that we can legally lend foreign-manufactured materials!
The case was about textbooks and textbook-market arbitrage, though. That’s worth keeping sight of. Extrapolating from reactions on all sides, what does the Wiley v. Kirtsaeng decision likely mean for the textbook-publishing business, and what can textbook publishers and libraries do if they don’t like that?
how should libraries participate in assisting students with identifying and acquiring cheaper course materials, especially those that come from a source other than the campus library? Does the creation of a research guide or flyer for textbooks that points to commercial sources other than the campus bookstore fit into the library’s mission and role on campus? More generally, what is the library’s responsibility when it comes to textbooks?
Cengage Learning, John Wiley and Sons, Pearson Education, and McGraw-Hill Education settled five copyright and trademark infringement claims related to counterfeit textbooks, the companies announced recently. The five distributors who agreed to settle the publishers’ claims are: Kentwood Industries in California, Texas Book Company in Texas, Sterling Educational Media in Florida, Davis Textbook in California, [...]
It was not until well into the conversation between New York Times columnist Gail Collins and Library Journal senior editor Margaret Heilbrun that there was any mention of Collins’s absorption with Mitt Romney’s dog, but the audience didn’t want for amusement as Collins discussed her latest book, As Texas Goes: How the Lone Star State Hijacked the American Agenda (Norton, 2012).