New milestone marks first time that more digital units are sold than print textbooks


For its fiscal year 2016, Cengage Learning reported that digital unit sales outpaced print textbook sales for the first time. For the 12 months ending March 31, 2016, Cengage Learning activated 3.5 million digital student experiences, up 12 percent from the prior year.

"Fiscal 2016 marks an important milestone for Cengage Learning as we transition from a traditional print publisher to a digital education company," said Michael Hansen, Chief Executive Officer at Cengage Learning. "Our financial turnaround is well underway, fueled by significant digital growth over the past...

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About the Author:

Laura Ascione

Laura Ascione is the Managing Editor, Content Services at eSchool Media. She is a graduate of the University of Maryland's prestigious Philip Merrill College of Journalism. When she isn't wrangling her two children, Laura enjoys running, photography, home improvement, and rooting for the Terps. Find Laura on Twitter: @eSN_Laura http://twitter.com/eSN_Laura