TITLE

After Q1, K-12 Publishers Remain Pessimistic About 2004 Growth

PUB. DATE
May 2004
SOURCE
Educational Marketer;5/10/2004, Vol. 35 Issue 14, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on publishers' pessimism regarding growth in their industry. According to guidance from the three top publishers, there is nothing to change the gloomy 2004 outlook in K-12 publishing. Pearson Education Inc., which generated 1% growth in AK-12 revenue to $1.37 billion in 2003, expects 2004 revenue to be broadly flat in 2004. Improving state budgets and school spending of federal funds should help its testing and instructional software business, although the company expects textbook sales to decline.
ACCESSION #
13078533

 

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