S&S Snags New Trump/Biden Book by Woodward and Costa (publishersweekly.com)

Savvas Learning Company, a next-generation K-12 learning solutions leader, is excited to announce that Outlier by Savvas, its online dual-enrollment course offerings, has been named to TIME World's Top EdTech Companies 2024 list. Outlier by Savvas ranked #73 on this new global ranking of the 250 top edtech companies by TIME in partnership with Statista, a statistics and market research company. Savvas recently acquired Outlier, an edtech startup that has created a portfolio of online, asynchronous dual enrollment courses — with real transferable college credit opportunities from a top 50 university — that enable high school students to earn dual credit while never having to leave their school building. Offering a diverse catalog of award-winning college courses with cinematic lectures from top-rated instructors, Outlier by Savvas provides high school students multiple pathways to college and career.

In a move that some in the industry will welcome as putting at least a temporary stop to industry consolidation, the private investment firm KKR has reached an agreement with Paramount Global to acquire Simon & Schuster for $1.62 billion in an all cash transaction. Though below the $2.175 billion that Penguin Random House had previously agreed to pay for the country’s third largest trade publisher, $1.62 billion is a healthy price since most trade publishers sell for not much better than 1.5 times sales, and S&S’s 2022 revenue was $1.18 billion.

Global learning company Houghton Mifflin Harcourt announced changes to its executive team, with a slate of new talent and the promotion of internal leaders to support its goal of improving learning outcomes for all students. “With a passionate and talented team in place, I look forward to what’s on the horizon for HMH as we deliver on our unique ability to provide truly integrated learning solutions,” says Jack Lynch, President and CEO, HMH. “This group brings the right balance of K-12 teaching and learning experience and customer-centered innovation to the table to deepen HMH’s longstanding position as a leading core curriculum provider and to expand and diversify our portfolio in faster growing segments within intervention, supplemental curriculum and professional services.” Click Read More below for additional information.