Texas Testing Contract Only the Latest Worry for Pearson

PEARSON TEST RESULTS: Like a student anxious about her future, Pearson is nervously waiting to see whether Texas will renew its testing contract with the publisher, which according to the Telegraph is worth around $500 million--a healthy chunk of its North American revenues. It's yet another test for Pearson CEO John Fallon, who's had to cut profit projections and personnel as part of a company-wide reshuffling and transition to digital and emerging markets. (Here's our interview with him from 2013.) Some of its digital products so far have underwhelmed: A scathing report published in the wake of the Los Angeles iPad fallout questioned the quality of the Pearson curriculum on the devices.

Editor's note: The post originally stated that the Texas contract accounts for 59% of Pearson's North American revenues. Instead, it's more likely that North America accounts for 59% of Pearson's overall revenue. This has been corrected.

Stay up to date on edtech. Sign up to have top stories delivered weekly.

Who we are

EdSurge helps schools find, select and use the right technology to support all learners.
© 2011-2016 EdSurge Inc. All rights reserved. Every student succeeds.