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“Bloomsbury achieved its highest ever results with sales up 24% to £230.1 million and profits up 40% to £26.7 million. Sales were up 41% and profits up 70% from two years ago. Both the Consumer and Non-Consumer divisions gave outstanding and resilient performances, highlighting Bloomsbury’s unique strength in combining general and academic publishing. The Consumer division revenue grew by 25%, continuing the momentum of last year, and achieved a 25% increase in profit before tax and highlighted items1 to £17.8 million. The Non-Consumer division saw 23% revenue growth and a 68% increase in profit before tax and highlighted items1 to £9.1 million. Consumer revenue was 53% higher and Non-Consumer revenue 24% higher than two years ago. Bloomsbury Digital Resources (“BDR”) outperformed the target set six years ago of £15 million of sales and £5 million of profit, with sales of £18.6 million, up 50% on last year, and profit of £6.8 million, up £3.9 million on last year. Following this success, we have set ambitious new growth targets for BDR. Supporting our strong organic growth, we made three acquisitions during the year of ABC-CLIO LLC, the Red Globe Press list and Head of Zeus Limited.

Adaptive learning company HMH announced HMH Performance Suite–a first-of-its-kind teaching and learning solution that integrates assessment, Tier 1 curriculum and instruction to harmonize K-12 classroom teaching practices on a single platform. The launch of Performance Suite signals a major milestone in the integration of HMH’s high-quality instructional materials and NWEA’s leading assessments. Performance Suite provides robust day-to-day support for educators across the entire instructional cycle, encompassing planning, teaching, assessment, analysis and professional learning features within a streamlined, user-friendly interface. The current edtech ecosystem frequently calls upon educators to leverage multiple disparate solutions to accommodate their daily workflow. Performance Suite is built to bridge these gaps and facilitate meaningful and immediately actionable connections between assessment data and curriculum delivery.

Wall Street Journal's Hong Kong edition will no longer be distributed after October 7 as the paper is moving to a digital only strategy. This is part of the paper's continued effort to scale back its print operations in Europe and Asia as it shifts savings and focus to digital. Luckily for the Wall Street Journal, digital has been on the rise with 1.27 million daily digital subscribers which is more than print subscribers. Click Read More below for more of the story.