Textbooks sit on a shelf at the Chegg Inc. warehouse in Shepherdsville, Kentucky, U.S., on Thursday, April 29, 2010. No more $120 chemistry books. That's the message from textbook-rental service Chegg Inc., which is urging college students to stop paying top dollar to buy their tomes. Photographer: John Sommers II/Bloomberg
The world’s biggest educational publisher will release all future editions of its US titles digitally first, as students dump their traditional textbooks and switch to online learning.
Britain’s Pearson Plc used to rely heavily on selling the chunky, expensive textbooks that students needed to pass their exams. The arrival of cheaper information online and a new trend for renting rather than buying course materials forced it into a painful adjustment.
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