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Pearson Taps Former Disney Executive Andy Bird as Next CEO

Edsurge

Pearson is looking for some magic to support its transition from textbook publisher to digital education company. Today, the company announced that Andy Bird, former chairman of Walt Disney International, will be Pearson’s next chief executive, starting October 19. million worth of Pearson shares. In the U.K., billion in sales.

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Big Deals: Edtech Industry News From HMH, Pearson, and Equal Opportunity Schools (EOS)

eSchool News

Pearson (FTSE: PSON.L) today announced plans to further expand its beta AI study tools into additional Pearson+ eTextbooks. Generative AI tools are an increasingly popular feature for thousands of students in both Pearson+ eTextbooks and in Pearson’s MyLab and Mastering homework platforms.

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K-12 Dealmaking: Pearson Acquires Credentialing Platform in $200M Deal; PowerSchool Buys Communications Platform

Marketplace K-12

Education giant Pearson has acquired Credly, and PowerSchool has made a deal to snap up the communications platform Kinvolved. The post K-12 Dealmaking: Pearson Acquires Credentialing Platform in $200M Deal; PowerSchool Buys Communications Platform appeared first on Market Brief.

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Pearson Exploring NFTs’ Potential in the Textbook Market

Marketplace K-12

The post Pearson Exploring NFTs’ Potential in the Textbook Market appeared first on Market Brief. The textbook publisher has expressed interest in looking into blockchain technology to get a cut of secondhand textbook sales.

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Pearson Raises Nearly $460M Through Social Bond for Virtual, Career Programs

Marketplace K-12

The social bond, repayable to investors over a 10-year period, will support learners using three of Pearson's business lines. The post Pearson Raises Nearly $460M Through Social Bond for Virtual, Career Programs appeared first on Market Brief.

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Chinese Hackers Targeted Pearson, Accessing Millions of Student Records

Marketplace K-12

Pearson was the unnamed education software company that federal prosecutors said was the victim of Chinese hackers, who last year targeted companies across several industries. The post Chinese Hackers Targeted Pearson, Accessing Millions of Student Records appeared first on Market Brief.

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Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

Edsurge

Today, Pearson announced it will adopt a “digital first” approach to updating its higher ed course materials, meaning that any revisions or changes to textbook content will happen first in the digital version. The average price for a Pearson digital textbook subscription for a semester is $40, according to the company.

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