Cengage Learning has announced some restructuring plans this week. Below is a summary of articles and blog posts highlighting the news. Later this week, NSR’s Mirela Roncevic will post her article on Gale (part of Cengage Learning) and their recent partnerships. The article includes an interview with Jim Draper, Vice President and General Manager for Gale.
Cengage Learning investor site: this site includes annual and quarterly reports
Industry articles and blog posts:
Inside Higher Ed: Cengage publisher could file bankruptcy
Bloomberg News: Cengage CEO seeking restructuring
INFODocket: Cengage CEO seeking restructuring This includes the Bloomberg news article, embeds some documents and provides additional resource links.
Last Friday, ALA released it’s latest Library Technology Report (LTR) entitled, “Ebook Platforms for Libraries.” Mirela Roncevic, a No Shelf Required contributor, wrote and compiled the LTR. Mirela posted on her personal blog about the report including background information about what the report contains, what it’s for, and how it can be used by librarians. It is a really nice summary of how and why the publication was created. Here is an excerpt from her post:
At this point, it’s anyone’s guess what the vast and growing ebooks landscape in libraries will look like a year or two from now, but as it stands right now, librarians need to keep up or they will remain behind. That’s what this report aims to do: provide a starting point from which they can embark on their institutions’ ebook ventures. Continue reading ALA’s Ebook Platforms for Libraries – What it’s about and what it’s for
A colleague forwarded this interesting blog post to me about Flipboard. The author, Mathew Ingram, discusses Flipboard’s new release features. He discusses the ability for advertisers and readers to now become publishers.
Here is a snip from the post:
“Flipboard’s new version is more than just an evolution, it’s a significant departure from what the service was all about. Until now, it has been about making it easy to discover and consume content from multiple sources, but the new features are all about turning readers into publishers — by giving them curation tools like those used by Flipboard’s own editors.”
“The idea that advertisers now have many of the same tools as publishers and traditional media companies do, and that readers and consumers of content also have much more power over that content than they used to, are two pretty inescapable facts about the new media landscape — and Flipboard has just staked a claim to some significant territory on both of those fronts.”
This is very similar to an article I read last week from Mike Shatzkin’s blog, The Shatzkin Files. In his post on “atomization” he discusses publishing as a function rather than an industry. It’s a very interesting read.
Springer has released a White Paper on ebook use and attitudes. The study was conducted at Wellesley College. Deborah Lenares of the Margaret Clapp Library at Wellesley College, and Steven Smith, formerly of Wellesley College and now Head of Collection Management at Boston University Libraries co-authored the white paper.
More information, including key findings and links to the full paper, is below:
A new white paper from Springer examines eBook adoption at an undergraduate institution
Conventional wisdom holds that the availability of eBooks and their inherent utility – full text searchability, ease of access, etc. – are what drive use and acceptance. But are these the only factors behind the rate of adoption of eBooks at undergraduate universities? A new Springer white paper by Deborah Lenares of the Margaret Clapp Library at Wellesley College, and Steven Smith, formerly of Wellesley College and now Head of Collection Management at Boston University Libraries, draws on past studies and a new survey of users at Wellesley College to uncover some interesting insights for undergraduate librarians and institutions. The white paper is available both online, and will be distributed at this year’s Electronic Resources and Libraries (ER & L) Conference in Austin, TX. Continue reading Springer releases white paper on eBook use and acceptance in an undergraduate institution
Picked this up from the ALA Council listserv:
IFLA is pleased to launch a new set of resources relating to eBooks and libraries. Providing access to eBooks is one of the most pressing issues facing libraries right now. Public libraries, in particular, are dealing with implications of rapidly changing business and access models. IFLA has previously issued a background paper on eLending during 2012, and is now building on this paper to launch a new official policy document ‘IFLA Principles for Library eLending‘ which was endorsed by the Governing Board in February 2013. Continue reading IFLA launches principles, research and advice for eLending in Libraries
Springer, in collaboration with PCG (Publishers Communication Group) released a white paper, Scholarly eBooks: Understanding the Return on Investment for Libraries, today. It is available for a free download from the Springer site.
The following is the introduction: The Return on Investment (RoI) of scholarly eBooks in research and academic libraries can be difficult to determine, as the factors considered can vary from library to library, or even from person to person. RoI can be defined as a performance measure used to quantify and evaluate the efficiency of an investment in library resources or to compare efficiency among different investments. While it may seem simply to be a question of money in versus money out, the real difficulty of expressing the overall value of this resource for an institution comes from many contributing factors:
reprinted from the District Dispatch:
As part of the ALA Office for Information Technology Policy’s work with the Digital Content and Libraries Working Group, several member leaders have requested we develop and distribute communications resources that will support local libraries around digital content issues.
Today OITP released the first of these documents, a backgrounder (pdf) that shares some highlights from the newest Pew Research Center report on “Libraries, Patrons, and E-books,” along with some possible messaging and local angles for leveraging this new research with local media and decision makers.
Among the report’s key findings referenced in the backgrounder:
- 12% of e-book readers have borrowed an e-book from their library
- 62% of people don’t know they can borrow e-books from their library
- 69% of people report the library is important to them and their family
- Many people would like to learn more about borrowing e-books
- E-book borrowers appreciate the selection of e-books at their local library, but they often encounter difficulty borrowing Continue reading ALA OITP releases backgrounder document on eBooks and libraries