Holt Think: Ed, Creativity, Tech, Administration
RSSAnd So It Begins… HMH faces bankruptcy.
The open text movement is gonna kill em, as well it should. Their business model is outdated and being eaten by the real experts: the educators who are starting to figure out that you don’t need to be a professor to make great content. Thank you Apple iBooks Author for kickstarting that movement!—TBH
Houghton Mifflin Harcourt Publishers Inc has reached a deal with more than 70 percent of its creditors to cut $3.1 billion in debt as it faces a lagging textbook market due to drops in educational funding. The publisher said it plans to restructure through a pre-packaged, court-supervised Chapter 11 bankruptcy.
About Holt Think: Ed, Creativity, Tech, Administration
My new blog, about my quest for a PhD is located at http://callingdrholt.tumblr.com
All of these entries are the sole opinion of Tim Holt and do not reflect the opinions of his employers, friends, relatives, or anyone he happens to know in passing.
All entries here are copyright (cc) Creative Commons except where noted or obvious.
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