McGraw-HIll

Tech giant Apple revealed its new digital textbook initiative on Thursday, joining with major publishers on a quest to replace heavy stacks of schoolbooks with iPads. There will obviously be resistance. Here are three reasons Apple's move will succeed in spite of it.

Publishing companies McGraw-Hill and Pearson both saw earnings buoyed by their education segments.

While Amazon sucked up most of the air in book publishing circles this week, both Scholastic and McGraw-Hill quietly posted encouraging earnings reports, with promising signs of good tidings over the next three months.

Education publisher McGraw-Hill looks to have recovered from a particularly bruising 2009, posting a profit of $103.3 million, or 33 cents a share, up 65% from $63 million, or 20 cents a share, a year earlier.

McGraw-Hill reported its fourth-quarter earnings Tuesday morning, and the results handily beat Wall Street expectations. Earnings included a pre-tax gain of $10.5 million, or 2 cents per share, from the company's sale of BusinessWeek in December.

The global information provider is coming off a tumultuous year that saw CEO Harold McGraw III execute the sale of BusinessWeek to Bloomberg and a major corporate reorg.

It's never nice to find out you might be getting laid off. But to learn about it by reading it in the paper -- that's tough. Yet that's exactly what happened at BusinessWeek this week. Employees there have been braced for bad news since June, when McGraw-Hill unveiled plans to "explore strategic...

The recession has already claimed its share of media properties, but, while the economy may or may not have touched bottom already, nobody who knows anything about anything thinks the closures are about to stop. The only question is: Who's next? As a veteran of two high-profile media casualties...

Buying distressed print publications is getting to be as simple as purchasing singles at the iTunes store. Whatever you want, chances are it can be had for a single, simple price: one American dollar. That's how much OpenGate Capital paid when it bought TV Guide from Macrovision last year. It's...

It's no rumor: McGraw-Hill is definitely shopping BusinessWeek. Now who wants to buy it? The news-and-information conglomerate just issued a statement more or less confirming this morning's report by Bloomberg that it is ready to part ways with the 80-year-old business magazine. This was the...