More News About the Life of Print

January 26, 2010 by Thad McIlroy

“The McGraw-Hill Companies reported a 43.2% increase in fourth quarter EPS,” says today’s press release.(Log-in may be required).

The big gains were in McGraw-Hill Education at 2.6% and in Financial Services at 10.6%.

“Information & Media” declined by 11.4%; you’ll have to dig deeper than I have to figure that one out.

The major message I’m receiving is that a very old media company is weathering the storm with some aplomb.

Good for them.

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Comments

  • Alan Oak

    Jan 27th, 2010 : 9:26 AM

    There’s an embedded video and commentary at iSlate.org about an interview at CNET with the CEO of McGraw-Hill. It seems that the publishing companies of McGraw-Hill are making most of their publications available as e-books, including making a deal with Apple for distribution on the new iSlate, or whatever it’s going to be called.

    http://www.islate.org/?p=711

    I think it helps them that they publish in the education market, which is something I don’t see diminishing too much, unlike books for entertainment.

  • Marjorie Wedderburn

    Feb 12th, 2010 : 12:34 PM

    Very good post. I’ve found your site via Google and I’m really glad about the information you provide in your posts. Btw your blogs layout is really broken on the Chrome browser. Would be cool if you could fix that. Anyhow keep up the great work!

  • Thad McIlroy

    Mar 8th, 2010 : 10:26 PM

    Unfortunately, because of it’s still small marketshare, we do not support Chrome. Apologies.