March 24, 2017: Volume 24, Number 7

Cambium Bookings & Revenue Up in 2016

Cambium Learning Group (Dallas) 2016 revenue was $152.4 million, up 5.1% from 2015 revenue of $144.9 million. Bookings for the year increased by 2% to $161.8 million compared with ...

Lexia Sales Growth Continues in 2016

Rosetta Stone 2016 revenue of $194.1 million was down 10.8% from 2015 as the company continued to transition its business from one-time sales of language learning products to consumers ...

DOE Also Faces Cuts Via Executive Order

Cuts to discretionary spending at the Department of Education may look different after Congressional input into the budget blueprint, but another threat to Department programs looms in ...

Scholastic Ed Pipeline Shifts to Q4

Scholastic (New York) Education segment revenue was $60.1 million in the third quarter fiscal 2017, ended Feb 28, down 5.9% from the same period last year. The Education segment’s ...

Foster Leads ETIN as Ed Tech World

Bridget Foster views her role as senior vice president and managing director of the Education Technology Industry Network of SIIA (Washington, DC), assumed in February, as the ...

K12 Inc. Expands Choice Options

With school choice emerging as a priority of the Trump administration, K12 Inc. (Herndon, VA) is poised to benefit from more children moving away from traditional public schools. The ...

Discovery Adds Features to Digital Services

Discovery Education (Silver Spring, MD) in March enhanced its digital services with new features for its Streaming and Techbook products that are intended to support educators’ ...

News Briefs, March 24, 2017

Publisher Capstone (N. Mankato, MN) in March launched the pivotED interactive learning app, which integrates thinking skills lesson templates with print or digital content, helping ...

Partnership & Acquisition Briefs, March 24, 2017

Literacy platform Achieve3000 (Lakewood, NJ) in March joined Microsoft’s (Redmond, WA) Education Go-To-Market program and became an associate Microsoft education partner. ...

People, March 24, 2017

PBS (Arlington, VA) in March named Sara Schapiro vice president for education, reporting to Lesli Rotenberg, senior vice president and general manager for children’s media and ...

DATABANK