Reporting results for their fiscal first quarter, McGraw-Hill’s education division rose 1.5 percent to $317 million, with a reduced operating loss of $61.8 million. Higher ed, professional and international sales rose over 8 percent to $206 million due to “surging sales of digital products,” but school education sales fell 9 percent to $112 million. Those digital gains included “double-digit revenue increases” from “e-books, online courses and online homework management assessment products for students.”Release Brand management group Iconix has bought United Media Licensings from the E.W. Scripps Company for $175 million. As part of the deal, Iconiz has created a partnership […]
