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South-Western buys Texere for business list| MASON, Ohio, August 15, 2003 -- The Thomson imprint South-Western bought the international Texere publishing house, which focuses on finance, investment, economics, business technology, and management. Terms were not announced. Robert Lynch, president at South-Western said Texere will help South-Western expand into management and executive education: "Texere's business titles complement South-Western's current professional line by enabling us to be the business professional's resource." Acquired titles include: Tom Copeland's Valuation and Real Options: A Practitioner's Guide.Robert Hagstrom'sInvesting: The Last Liberal Art.Nassim Nicolas Taleb's Fooled by Randomness: The Hidden Role of Chance in the Markets and in Life.Diane Coyle's Sex, Drugs and Economics: An Unconventional Introduction to Economics. |
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| Conrad Cherry (religion), at Indiana University-Purdue University Indianapolis, emeritus, Betty A. DeBerg (religion), University of Northern Iowa, and Amanda Portfield (religion), Florida State University, wrote Religion on Campus (University of North Carolina Press). |
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| Deborah C. Andrews (business), University of Delaware, and William D. Andrews (business) wrote Management Communication
A Guide (Houghton Mifflin). |
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| Richard Robinson, chaiman and chief xecutive at Schbolastic, was awarded the BritishAmerican Business 2003 U.S. Entrepreneurial Award. |
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| ACADEMIC AUTHORING PEOPLE |
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| Joseph R. Conlin (history), California State University, Chico, wrote the seventh edition of The American Past -- A Survey of American History, Volume I: To 1977; Volume II, Since 1865, as well as a comprehensive volume. (Wadsworth). |
| Nancy Grant, a reference title msrketing director at Houghton Mifflin, was named vice president and managing director at Houghton's Kingfisher imprint. |
| Carol Hall, editor-in-chief of African American interest books at Wiley, retired to pursue an independent publishing venture. Earlier she was with Simon & Schuster's Touchstone. |
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| Michael C. Milam (comparative literature), University of South Florida, wrote A Practical Handbook for Writing in the Humanities (Wadsworth). |
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Axes falling in Routledge shift| BOCA RATON, Florida, August 14, 2003 -- British academic publisher Taylor & Francis has discharged two Routledge executives as it consolidates recently acquired Routledge with its CRC Press. Gone are Linda Hollick, Routledge vice president and publisher, and Bob Rooney, vice presidentg of sales and marketing. Taylor &: Francis has made no announcements, but it is folding New York-based Routledge into CRC in Boca Raton. |
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| McGraw-Hill: Education sales fell 2.6 percent to $577 million in the second quarter, compared to a year earlier. Profits fell 15 percent. School sales were down 3.1 percent; higher-ed, profesional and international 1.7 percent.
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| Renaissance Learning: Sales dipped slightly to $67.8 million for the first half of the year, compared to a year earlier.
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| Thomson: Sales grew 2 percent to $1.7 billion in the second quarter, compared to a year earlier. Net income rose 21.6 percent. Gains were greatest in legal, education and scientific publishing. Financial information services were weak.
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Except el-hi, book sales up through JuneWASHINGTON, August 12, 2003 -- June was a strong month in U.S. book publishing, especially for paperbacks issued by university presses, according to the latest monthly report from the Association of American Publishers. University press paperback sales in June were 9 percent ahead of a year earlier. For the year-to-date through June, u-press paper sales were ahead 19.2 percent. Here are data through June for genres in which academic authors do most of their work:University press (hard) University press (soft) College Professional, scholarly El-hi | 19.2 percent 13.5 percent 6.8 percent 3.9 percent -1.8 percent |
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Critic assails textbook colorization| SAUSALITO, California, August 10, 2003 -- The colorizing of historical black-and-white photographs, a slowly growing practice in textbook publishing, was criticized as a "trick" and "fraud" by William Bennetta, editor of the Textbook Letter, which features criticism of school books. Bennetta focused on Glencoe's History of a Free Nation, which includes a well-known Lewis Hines photo of an Italian immigrant family on a ferry at Ellis Island in 1905. How can it be justified, Bennette asked, to corrupt a classic historical document in a history book. Said Bannetta, who doesn't think much of the book in general: "Teachers who buy 'history' from Glencoe don't care about historical information, but they love the blue and orange and purple." |
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Largest U.S.
education publisher: Pearson| DARIEN,
Connecticut, Aug. 9, 2003 -- The big players in U.S. educational publishing are bigger than ever. A ranking by the trade journal Subtext, including both college and el-hi revenue, pegged sales of Pearson Education at $4.4 billion, up almost 6 percent. McGraw was a distant second at $2.4 billion. The eight largest publishers overall had revenue gains of 12.6 percent for $12.3 billion total. |
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Pearson McGraw-Hill Thomson Harcourt Houghton Mifflin Scholastic WRC Media Wiley |
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| $ 4.4 billion 2.4 billion 2.3 billion 1.6
billion 985 million 326 million 210 million 176
million |
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| 5.9 percent 1.5 percent 23.7 percent 71.5
percent 0.5 percent 2.8 percent 9.3 percent 6.0
percent
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