Thursday, October 29, 2009

$40M Reasons to Digitize Texts

Houghton Mifflin Harcourt just signed a $40 million multi year deal to sell a computer based teaching system it developed with Microsoft to connect teachers, students and administrators. It is a shift away from textbooks!

There are some texts but it mostly involves a customized interactive classroom. So in order to survive in the new world of textbook publishing, they are bringing together the best of learning management systems and content to schools.

Over at ABCTE we have an RFP for LMS and are fascinated with how many systems are out there. The group that really puts together a "best of" content, content delivery, and management will be the new leader in the business formerly called textbook publishing.

Now we just need to get them some Scholarity to create a tutor-like experience for students through software and we can really watch this take off!