Site icon Michael Boezi

McGraw-Hill Sold for a Fraction of Cengage

Great post by Thad McIlroy in his blog, “Future Of Publishing.”

The numbers say it all. There’s been plenty of evidence that this industry is broken, in the micro view:

I could go on. But Thad tackles the macro view with simple numbers. The industry is failing under its own unmanageable weight. It was bound to happen. You can’t keep asking your customers to bear the brunt of your inefficiencies. It catches up to you at some point. Seems like that point is now, doesn’t it? 

McGraw-Hill Sold for a Fraction of Cengage

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