58-419: Pearson Education , known since 2011 as simply Pearson , is the educational publishing and services subsidiary of the international corporation Pearson plc . The subsidiary was formed in 1998, when Pearson plc acquired Simon & Schuster 's educational business and combined it with Pearson's existing education company Addison-Wesley Longman . Pearson Education was restyled as simply Pearson in 2011. In 2016,
116-504: A $ 346 million loss on the sale. In 2000, Pearson merged its television holdings with CLT-UFA to form the RTL Group . In 2002 it exited the industry entirely by selling its 22% stake in RTL to Bertelsmann . Marjorie Scardino , who was CEO of Pearson plc from 1997 to 2013, increasingly focused the conglomerate on education and on making education acquisitions. In 1998, Pearson plc purchased
174-510: A Catholic publishing division it operated under the Scott Foresman imprint, to RCL Benziger in 2007. In 2007 Pearson Education sold the Macmillan name to Holtzbrinck Publishing Group , which had purchased Macmillan Publishing Ltd. in the late 1990s. In 2000 Pearson acquired Virtual University Enterprises, an electronic testing company founded in 1994, and renamed it Pearson VUE. According to
232-600: A company developed to sell college textbooks in eTextbook format on a common platform. In 2011, Pearson obtained a five-year, $ 32 million contract with the New York State Department of Education to design tests for students in grades 3–8. Que Publishing, a publishing imprint of Pearson based out of Seattle, partnered with AARP in 2014 to develop and add to a series of technology books for seniors. The series, which includes My iPad For Seniors, and My Social Media for Seniors, are large-print and colourful. In
290-556: A digital learning technology group, in 2007. It sold Silver Burdett Ginn Religion, a Catholic publishing division it operated under the Scott Foresman imprint, to RCL Benziger in 2007. In 2007 Pearson Education sold the Macmillan name to Holtzbrinck Publishing Group , which had purchased Macmillan Publishing Ltd. in the late 1990s. In 2008 Pearson acquired Harcourt Assessment and Harcourt Education International from Reed Elsevier and merged them into Pearson Assessment & Information. In February 2008, Pearson announced
348-557: A division of Pearson Education, acquired PowerSchool, a student information system, from Apple ; terms of the deal were not disclosed. PowerSchool was a profitable product for Pearson; in 2014, it generated $ 97 million in revenue and $ 20 million in operating income. In 2015, Pearson sold PowerSchool to Vista Equity Partners for $ 350 million cash. In 2007, the company developed the youth-oriented online quest game Poptropica , through its Family Education Network. In 2015, Pearson's Family Education Network, along with Poptropica, were sold to
406-603: A finance and issuing house. In 1919 Pearson also acquired a 45% stake in the London branch of merchant bankers Lazard Brothers , an interest which was increased to 80% in 1932 during the depression years. In 1976 Pearson acquired a stake in Embankment Trust Ltd. By 1990 Pearson's stake in Lazard Brothers was reduced to 50% following Lazard's internationalization to Paris and New York, and Pearson acquired 10% stakes in
464-526: A major oil company in the U.S., Amerada Corporation , in 1919. Amerada was compulsorily acquired by the British government in 1941 due to World War II; a small interest was reacquired by Pearson in 1945. In the 1950s Pearson expanded its North American oil and gas interests, and in the 1970s also expanded them globally. By 1989, Pearson divested its oil and gas exploration activities and sold Whitehall Petroleum. In 1919, Pearson founded Whitehall Trust Ltd. as
522-485: A number of publishing imprints , including: InformIT, a subsidiary of Pearson Education, is an online book vendor and an electronic publisher of technology and education content. It is headquartered in Indianapolis, Indiana . It publishes books, e-books , and videos, and its imprints include Addison-Wesley Professional , Cisco Press , Pearson IT Certification, Que Publishing, and Sams Publishing . InformIT.com
580-600: A number of TV production and broadcasting assets, including former ITV franchisee Thames Television , Australian production company Grundy Television , U.S. television company All American Communications Inc., Italian drama production company Mastrofilm, European animation financer and distributor EVA Entertainment, and UK production company Talkback Productions . In 1994, Pearson acquired software publisher The Software Toolworks for US$ 462 million, and rebranded it Mindscape . In 1998, Pearson sold Mindscape to The Learning Company for US$ 150 million, taking
638-485: A small local civil engineering business in Yorkshire grew between 1880 and 1927 into a massive diversified international conglomerate under the subsequent leadership of Samuel's grandson Weetman Pearson . By the time of World War II, the company had major national and international subsidiaries in manufacturing, electricity, oil, coal, banking and financial services, publishing (periodicals and books), and aviation. After
SECTION 10
#1732876478915696-461: A £2.4 million transaction between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin Group . Bertelsmann and Pearson, the parent companies, initially owned 53% and 47%, respectively. Jane Ciabattari of Library Journal has referred to this merger as the publishing industry's response to the increasing dominance of Amazon.com in the book market. Dohle
754-849: Is Pearson plc's main subsidiary. Pearson owns one of the GCSE examining boards for the UK, Edexcel . Pearson plc has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index . It has a secondary listing on the New York Stock Exchange in the form of American depositary receipts . In 1844 Samuel Pearson became an associate partner in a small brickmaking and contracting civil engineering company in Huddersfield , West Yorkshire. In 1856 Pearson's eldest son George entered
812-683: Is a publishing partner for Adobe, Apple, Macromedia, and others. In 2001, the Pearson Technology Group and O'Reilly Media LLC formed a joint partnership called Safari Books Online , to offer a web-based electronic library of technical and business books from InformIT's imprint partners and O'Reilly Media . The InformIT Network offers access to this service via its web sites. Pearson sold its interest in Safari Books Online to O'Reilly in 2014. Pearson's products include MyMathLab and Mastering Platform . In 2006, Pearson School Systems,
870-604: Is considered one of the 'Big Five' English language publishers. On April 2, 2020, Bertelsmann announced the completion of its purchase of Penguin Random House, which had been announced in December 2019, by buying Pearson plc 's 25% ownership of the company. With the purchase, Bertelsmann became the sole owner of Penguin Random House. Bertelsmann's German-language publishing group Verlagsgruppe Random House will be completely integrated into Penguin Random House, adding 45 imprints to
928-560: Is one of the websites of the Pearson Technology Group, and one of several sites in the InformIT Network. The site features free articles, blogs, and podcasts on IT topics and products, as well as a bookstore carrying all titles from its imprints. Other sites in the InformIT Network include Peachpit.com. Peachpit is a publisher that has been producing books on graphic design, desktop publishing, multimedia, web design and development, digital video, and general computing since 1986. Peachpit
986-522: The Fairey Group in 1980, and its engineering was merged with Doulton's industrial ceramics engineering. Pearson sold Doulton Glass Industries Ltd. in 1982. The Fairey Group became independent of Pearson in 1986 via a management buy-out. As Pearson refocused on its core publishing and media industries, it divested Royal Doulton, which was its remaining fine china division and the last of Pearson's manufacturing assets, in 1993. The conglomerate entered
1044-740: The Sennar Dam , in Sudan , in 1925. In 1856 S Pearson & Son advertised itself as manufacturing sanitary tubes and bricks in Yorkshire. Manufacturing expanded beyond sanitary tubes and bricks to include a variety of items globally, including nuts and bolts, specialist glass, pottery, porcelain and fine china, and related items. Pearson acquired Allied English Potteries (including Royal Crown Derby ) in 1964 and Doulton & Co. in November 1971, whereupon it merged those two potteries companies. Pearson purchased
1102-653: The Tehuantepec Railway in Mexico , and railways and harbours around the world. In November 1915, the firm began construction of HM Factory, Gretna , the largest cordite factory in the UK during World War I . The construction business was shut down in the 1920s. Its final projects included construction of the Silent Valley Reservoir in Northern Ireland (contract awarded in 1923), and completion of
1160-777: The Tehuantepec Railway in Mexico for president Porfirio Diaz , Weetman Pearson learned of oil deposits in south Texas and Mexico and in 1901 began buying prospective oil lands in those places. After striking oil in Mexico in 1908, he founded the Mexican Eagle Petroleum Company in 1909 to handle all of S Pearson and Sons' oil interests. In 1919 the Royal Dutch Shell Group acquired a large share of, and management of, Mexican Eagle, and Pearson formed Whitehall Petroleum Corporation Ltd. to take over Pearson's oil interests and to prospect globally for oil. It established
1218-605: The London-based investment group Sandbox Partners. In 2010, Pearson purchased Cogmed , a brain fitness and working memory training program founded in 1999 by Swedish researcher Torkel Klingberg. In 2019, Cogmed was transferred back to the original founders. In 2016, Pearson acquired StatCrunch , a statistical analysis tool created by Webster West in 1997. Pearson had already been the primary distributor of StatCrunch for several years. In 2007, Pearson partnered with four other higher-education publishers to create CourseSmart ,
SECTION 20
#17328764789151276-494: The Second World War and the British government's nationalisation of many industries, Pearson refocused on publishing and media. In 1984 the company changed its name from S. Pearson & Son plc to Pearson plc . Under the leadership of CEO Marjorie Scardino , in 1998 the company formed Pearson Education , and by 2016 education was Pearson plc's exclusive focus. As of 2023 Pearson Education, known since 2011 as simply Pearson,
1334-513: The UK and the U.S. have the most centers. The headquarters of parent company Pearson plc are in London, England. Pearson Education's U.S. headquarters were in Upper Saddle River, New Jersey until the headquarters were closed at the end of 2014. Most of Pearson Education's printing is done by third-party suppliers. Following the British government's acquisition and nationalization of several of Pearson 's aviation, fuel, and energy divisions in
1392-583: The UK through at least 1947. In 1921, Pearson purchased a number of local daily and weekly newspapers in the United Kingdom, which it combined to form the Westminster Press group. Following the British government's acquisition and nationalisation of several of Pearson's aviation, fuel, and energy divisions in the early 1940s due to World War II, Angela Murray became a director of the Pearson group and
1450-521: The UK, and in 2004 acquired about 80% stake in Meximerica Media Inc for the swelling U.S. Hispanic market. Pearson purchased a series of other testing and assessment businesses, including Knowledge Technologies in 2004, AGS in 2005, and Promissor in 2006. It acquired National Evaluation Systems, a provider of customised state assessments for teacher certification in the US, in 2006 and acquired eCollege,
1508-614: The acquisition would create a publisher with too much influence over books and author payments. In October 2022, the U.S. District Court for the District of Columbia ruled in favor of the Justice Department. On November 21, 2022, Penguin Random House officially scrapped the deal. As a result, it was to pay a $ 200 million termination fee to the recently-rebranded Paramount Global . Simon & Schuster would instead be sold to Kohlberg Kravis Roberts on October 30, 2023. In July 2024, it
1566-550: The aviation field , purchasing an interest in Airwork Services . By 1935 Whitehall Securities had major interests in a number of British airlines and aviation companies, including Spartan Air Lines , Saunders-Roe , United Airways , and Hillman's Airways . In September 1935, Hillman's Airways, Spartan Air Lines, and United Airways merged to form British Airways Ltd. In 1936, British Airways absorbed British Continental Airways and Crilly Airways . In 1940, British Airways
1624-520: The business to Bertelsmann, thereby retaining a 25% holding. On December 18, 2019, Bertelsmann agreed to acquire Pearson's 25% stake in Penguin Random House, making it a wholly owned subsidiary of Bertelsmann. The sale was completed on April 2, 2020. In June 2020, Penguin Random House became part of a group of publishers who sued the Internet Archive , arguing that its collection of e-books
1682-423: The business, which became known as S Pearson & Son , "sanitary tube and brickmakers and contractors for local public works in and around Bradford ". In 1880, control passed to Samuel's grandson Weetman Dickinson Pearson (later 1st Viscount Cowdray), an engineer, who in 1890 moved the business to London and turned it into one of the world's largest construction companies. Another of its prominent engineers
1740-716: The chair of the Westminster Press in 1953. The Press owned local newspapers including the Oxford Mail , The Northern Echo and the Brighton Evening News with the backing of the Westmnster Press they were encouraged to find local news. Pearson entered the education market. In 1957, it bought the Financial Times and acquired a 50% stake in The Economist . It purchased the publisher Longman in 1968. Pearson
1798-468: The company, as of 2023, it delivers numerous skills tests and certification tests electronically in over 180 countries. Pearson Education was rebranded as simply Pearson in 2011, and split into Pearson North America and Pearson International. A restructuring announced in 2013 combined Pearson North America and Pearson International into one Pearson company organised around three global lines of business: School, Higher Education, and Professional. Following
Pearson Education - Misplaced Pages Continue
1856-820: The company, for a total of 365 imprints. As of 2021, Penguin Random House employed about 10,000 people globally and published 15,000 titles annually under its 250 divisions and imprints. These titles include fiction and nonfiction for adults and children in both print and digital. Penguin Random House comprises Penguin and Random House in the United States, the United Kingdom, Canada, Australia, New Zealand, Portugal, and India; Penguin in Brazil, Asia and South Africa; Dorling Kindersley worldwide; and Random House's companies in Spain, Hispanic America, and Germany. On November 25, 2020, The New York Times reported that Penguin Random House
1914-461: The diversified parent corporation Pearson plc rebranded to focus entirely on education publishing and services, and as of 2023 Pearson Education is Pearson plc's main subsidiary. In 2019 the company began phasing out the prominence of its hard-copy textbooks in favor of digital textbooks, which cost the company far less, and can be updated frequently and easily. As of 2023, Pearson Education has testing/teaching centers in over 55 countries worldwide;
1972-420: The early 1940s, the diversified multinational conglomerate entered the education market. It acquired the textbook publisher Longman in 1968. In the late 1980s and 1990s, Pearson plc divested further from a number of its industries and acquired more educational publishing companies, and its education publishing operations became steadily larger and more significant. In 1988 Pearson plc purchased Addison-Wesley ,
2030-406: The education division of Simon & Schuster , which included Prentice Hall , Allyn & Bacon , and parts of Macmillan Inc. including the Macmillan name. Later in 1998 it merged Simon & Schuster's educational business with Addison Wesley Longman to form Pearson Education . Pearson sold and divested most of its Simon & Schuster divisions in 1999. In March 2000 Pearson acquired
2088-418: The education division of Simon & Schuster , which included Prentice Hall , Allyn & Bacon , and parts of Macmillan Inc. including the Macmillan name. Later in 1998 it merged Simon & Schuster's educational business with Addison Wesley Longman to form Pearson Education . Pearson Education sold and divested most of its Simon & Schuster divisions in 1999. It sold Silver Burdett Ginn Religion,
2146-679: The electrification market in 1900, when Weetman Pearson was requested to electrify Mexico's tramway system, and then the general electrical supply in the city of Vera Cruz and elsewhere. This process was repeated in Chile. These electrical interests were consolidated into Whitehall Electric Investments Ltd. in 1922. In 1929 the electricity businesses in Mexico and Chile were sold, but similar electricity utilities were developed in southwestern England until they were nationalised in 1948. All of Pearson's overseas electricity utility businesses, which had spread to Greece, were closed by 1960. While building
2204-480: The founder of Goldcrest Films , John Eberts, and chaired by James Lee, chief executive of Pearson Longman. At its inception, the new concern owned 40% of Goldcrest Films. In 1986, Pearson invested in the British Satellite Broadcasting consortium, which a few years later merged with Sky Television to form a new company, British Sky Broadcasting (BSkyB). During the 1990s, the company acquired
2262-516: The illustrated reference publisher Dorling Kindersley and integrated it within Penguin. It acquired National Computer Systems (NCS) in September 2000, entering the educational assessment and school management systems market in the United States. In 2002, Pearson purchased Rough Guides , the travel publisher, and brought it under Penguin. In 2003 it acquired Edexcel , a provider of qualifications in
2320-594: The private equity firm Nexus Capital Management, which rebranded it as Savvas Learning Company. In 2019, Pearson also sold its remaining 25% stake in Penguin Random House to Bertelsmann . In 2022, Pearson Education announced that they intended to sell their digital textbooks as NFTs , in order to profit from secondhand sales. In 2022, Pearson acquired ClutchPrep, a Miami-based edtech startup that offers sample questions, test prep and college exam prep video guides. The service has been renamed Channels. Pearson has
2378-499: The process of phasing out the publishing of printed textbooks, in a plan to move into a more digital first strategy. E-textbooks will be updated frequently, while printed books will be updated less often. Students wanting printed books will need to rent them. As of 2019, the firm received more than half of its annual revenues from digital sales, and the US accounted for 20 percent of Pearson's annual revenue coming from courseware. In 2019, Pearson sold its US K-12 courseware business to
Pearson Education - Misplaced Pages Continue
2436-641: The producer of films based on Penguin Random House books. The Universal subsidiary Focus Features has frequently collaborated with Random House Films. Having previously created Puffin Rock animation, Richard Haines was chosen to head Penguin Random House Children's TV development strategy with the assistance of licensing, publishing, and TV development executive Emily Campan. In November 2015, Pearson announced it would rebrand to focus on its education division. On July 11, 2017, Pearson sold 22% of its stake in
2494-549: The questions in scoring. Other errors included a miscalculated question on the 8th Grade Mathematics test regarding astronomical units , a 4th grade math question with two correct answers, errors in the 6th grade ELA scoring guide, and over twenty errors on foreign-language math tests. Official website Pearson plc Pearson plc is a multinational corporation, headquartered in the UK, focused on educational publishing and services. Originating in 1844 and named S Pearson and Son by Samuel Pearson in 1856, what began as
2552-603: The sale of its Pearson Data Management Division (formerly the scanner manufacturing and servicing division of NCS Inc.) to Scantron Corporation (part of M&F Worldwide ) which had been its main competitor. In 2010, Pearson acquired the adult English training service Wall Street Institute and the school learning systems division of Sistema Educacional Brasileiro (SEB). Also in 2010, the company sold its 61% stake in Interactive Data to investment funds managed by Silver Lake Partners and Warburg Pincus . Pearson Education
2610-558: The sale of its financial news publications Financial Times and The Economist in 2015, Pearson plc rebranded in January 2016 to focus solely on education, and the corporation adopted a new logo. The logo is the unconventional symbol known as the interrobang (‽), a combination of a question mark and an exclamation point, and the logo is meant to convey a "combination of excitement, curiosity and individuality" and "the excitement and fun of learning". In 2019, Pearson announced it would begin
2668-445: The sixth-largest publisher of textbooks in the U.S., and merged it with Pearson's educational books subsidiary Longman to create Addison-Wesley Longman. In 1996, it acquired HarperCollins Educational Publishing and merged it with Addison-Wesley Longman. Marjorie Scardino , who was CEO of Pearson plc from 1997 to 2013, increasingly focused the conglomerate on education and on making education acquisitions. In 1998, Pearson plc purchased
2726-614: The spring of 2012, tests that Pearson designed for the NYSED were found to contain over 30 errors, which caused controversy. One of the most prominent featured a passage about a talking pineapple on the 8th Grade ELA test (revealed to be based on Daniel Pinkwater 's The Story of the Rabbit and the Eggplant , with the eggplant changed into a pineapple). After public outcry, the NYSED announced it would not count
2784-499: The two overseas branches. In 1999, due to the company's refocus on education, publishing, and media, Pearson sold its Lazard holdings for £410 million. Following Wheetman Pearson's 1907 creation of Whitehall Securities as its holding company for all of Pearson's non-contracting industries, beginning in 1921 Pearson partnered with Dorman Long to form a coal-mining conglomerate in 1922, called Pearson & Dorman Long Ltd. The company purchased and operated many collieries in
2842-903: Was Ernest William Moir who, after working for Pearson on tunnels in New York City , became the contractor's agent on construction of the Blackwall Tunnel under the River Thames in London between 1892 and 1897. Between 1880 and 1902 the company also built the Admiralty Harbour at Dover , the Halifax Dry Dock in Canada, the East River Railway Tunnels in New York City , the Mexican Grand Canal that drained Mexico City ,
2900-460: Was a subsidiary online writing and publishing community. Book Country was launched in April 2011 with a focus on romance, mystery, science fiction, fantasy. On July 29, 2013, Book Country relaunched with online writing workshops in more than 60 literary categories, including literary fiction , memoir, and women's fiction . As of September 2013, the site had more than 10,000 members. As of November 2020,
2958-506: Was announced that Penguin Random House would acquire comic book publisher Boom! Studios . DK (Dorling Kindersley) was founded in London in 1974. As of 2015, DK also has official publishing relationships with Angry Birds , Lego , Marvel , Star Wars , and Disney . Crown Publishing was founded in 1933 as the Outlet Book Company, a remainder house, and is now a publisher of fiction and narrative non-fiction. In 2018, Crown
SECTION 50
#17328764789153016-984: Was combined with the main Random House Publishing Group. Penguin Young Readers Group is a division devoted to books for young readers and young adults. Handling distribution and marketing for Shambhala Publications , Disney Publishing Worldwide (including National Geographic Books ), Wizards of the Coast , Kodansha USA (including Vertical Inc. ), New York Review Books , Titan Books , Other Press , North Atlantic Books , Blue Star Press , DC Comics , Seven Seas Entertainment , and Dark Horse Comics among others. It also handles direct market distribution for Marvel Comics starting October 1, 2021, direct market distribution for IDW Publishing starting June 1, 2022, and direct market distribution for Dark Horse Comics starting June 1, 2023. Book Country
3074-567: Was denying authors and publishers revenue and accusing the library of "willful mass copyright infringement". On November 25, 2020, Penguin Random House agreed to purchase American publisher Simon & Schuster from ViacomCBS for $ 2.175 billion, with a formal regulatory approval process to follow the purchase agreement. On November 2, 2021, the US Justice Department filed a civil antitrust lawsuit to block Penguin Random House's proposed acquisition of Simon & Schuster, alleging that
3132-480: Was first listed on the London Stock Exchange in 1969. It bought the paperback publisher Penguin in 1970, and the children's imprint Ladybird Books in 1972. It bought a rival, the educational publisher Pitman Ltd , in 1985. In 1996 Pearson sold Westminster Press to Newsquest , acquired the education division of HarperCollins from News Corporation , and acquired book publishers Scott Foresman & Co. . In 1929, Pearson's Whitehall Securities entered
3190-439: Was named CEO of the new company, which had more than 10,000 employees worldwide with more than 250 imprints and publishing houses and a publishing list of more than 15,000 new titles a year. Penguin Random House relaunched Book Country, Penguin's online writing community, on July 29, 2013. On September 24, 2014, Random House Studio signed a first-look production deal with Universal Pictures , under which Random House would be
3248-510: Was nationalised due to World War II. In 1937 the company acquired Northern & Scottish Airways and Highland Airways , and merged them into a new company, Scottish Airways . This airline was nationalised by the British government in 1947 and merged into British European Airways . Pearson's aviation interests ended by 1959, when Saunders-Roe was sold to Westland Aircraft . in 1981 Pearson's publishing subsidiary Pearson Longman established Goldcrest Films and Television in 1981, led by
3306-399: Was planning to purchase Simon & Schuster from Paramount Global for $ 2.175 billion. However, on November 2, 2021, the U.S. Department of Justice sued to stop the deal on antitrust grounds, a suit that eventually succeeded on October 31, 2022. The deal formally collapsed on November 22, 2022. Penguin Random House was formed on July 1, 2013 by Markus Dohle upon the completion of
3364-631: Was rebranded as simply Pearson in 2011. Penguin Random House Penguin Random House Limited is a British-American multinational conglomerate publishing company formed on July 1, 2013, with the merger of Penguin Books and Random House . Penguin Books was originally founded in 1935 and Random House was founded in 1927. It has more than 300 publishing imprints. Along with Simon & Schuster , Hachette , HarperCollins and Macmillan Publishers , Penguin Random House
#914085