Pearson faces "deep-rooted challenges" as CEO joins FTSE exodus - Oliver Haill, Proactive Investors

“First, sales of printed books are falling faster than thought, as students rely on second-hand tomes or digital versions, to cut their outgoings. Second, Pearson appears to be losing share in the digital market. “Both of these developments compound the threat of Open Education Resources (OER), whereby universities make best-of-breed lecturing and educational materials freely available, so other students and lecturers can copy, use, append and even modify the documents, and cut down on the expense of buying or renting the sort of textbooks provided by publishers such as Pearson.”
https://www.proactiveinvestors.co.uk/companies/news/909472/pearson-faces--deep-rooted-challenges--as-ceo-joins-ftse-exodus-909472.html

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