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Fears that school textbooks could be on the way out were raised yesterday as the world’s largest educational publisher announced plans to go ‘digital first’.
Pearson is taking the first step by obliging students to rent printed textbooks instead of buying them. Its physical books will also be updated much less often than the current policy of every three years.
Chief - Executive - John - Fallon - Switch
Chief executive John Fallon said the switch would begin in the US then extend to other markets, including the UK.
Next year, the British company will update only 100 of its 1,500 US print titles, down from 500 this year.
Pearson - Cent - Revenue - US - Course
Pearson makes 20 per cent of its revenue from US course books, but has struggled as more students opt to rent second-hand textbooks to save money. The firm hopes they will...
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