Ebooks vs. Print: Recent Data

July 16, 2013

On June 28, 2013 as part of the American Library Association (ALA) meetings two prominent book publishing industry associations offered a joint afternoon program: NISO/BISG 7th Annual Forum: The Changing Standards Landscape EBooks: Discovery & Metadata Exchange, File Formats and Functionality, and Meeting Patron Needs. (more…)

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Inside the Cengage Bankruptcy

July 2, 2013

Bankruptcy filings amount to hundreds of pages. If you’re interested in Cengage Learning’s bankruptcy and want to read the source documents start at the Cengage site on a page called “Information About Our Restructuring.” At the bottom of the page you’ll find a link to “Claims Information & Court Filings,” where many of the meaty documents reside, including a set of “Court Docket” filings. The first reveals that the Chapter 11 voluntary petition fee is $1213. Not bad, given that investors are facing a write-off of some $4 billion of the $7.75 billion spent to acquire Cengage from Thomson in 2007. (Three days later Thomson announced it would buy Reuters for $17.2 billion and it was then obvious that a grand plan had motivated the sale of the Thomson educational publishing division.) (more…)

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