DIGITAL FIRST: Educational publisher McGraw-Hill reported during SXSWedu that, for the first time, the digital unit sales overtook print in the US. McGraw-Hill was founded in 1888 and has products distributed in over 135 countries and in nearly 60 languages.
"Our transition to providing digital products that offer better outcomes at meaningfully lower prices is going really well," said the CEO David Levin in a press release. The company claims that Connect, LearnSmart (including SmartBook) and ALEKS led the growth, with double-digit percentage growth in the number of paid users.
LearnSmart (including SmartBook) and ALEKS were featured on EdSurge Adaptive Learning special report.