Houghton Mifflin Harcourt

Houghton Mifflin Harcourt is a global learning company specialized in pre-K–12 education content, services, and technology solutions. It develops and delivers interactive, results-driven learning solutions that advance teacher effectiveness and student achievement. Through curricula and technology innovation, Houghton Mifflin Harcourt collaborates with school districts, administrators, teachers, parents, and students. The company also publishes an extensive line of reference works and award-winning literature for adults and young readers.  Houghton Mifflin Harcourt serves more than 50 million students in over 150 countries worldwide, while its award-winning children’s books, novels, non-fiction, and reference titles are enjoyed by readers throughout the world. The company was founded in 1864 and is headquartered in Boston, M.A.

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News Corp

BOSTON, May 10, 2021 /PRNewswire/ -- Learning technology leader Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today completed its previously announced divestiture of its consumer publishing business, HMH Books & Media, to HarperCollins Publishers, a division of News Corp (Nasdaq: NWSA), a global, diversified media and information services company, for a cash purchase price of $349 million. Net proceeds to HMH were approximately $337 million after transaction fees.

Houghton Mifflin Harcourt Completes Divestiture of HMH Books & Media for $349 Million

Houghton Mifflin Harcourt Company (HMHC) CEO Jack Lynch on Q1 2021 Results - Earnings Call Transcript

Shares of Houghton Mifflin Harcourt (NASDAQ:HMHC) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share increased 41.79% year over year to ($0.39), which beat the estimate of ($0.51).

Houghton Mifflin Harcourt: Q1 Earnings Insights

BOSTON, May 6, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today announced financial results for the first quarter ended March 31, 2021. All financial results and metrics are reported on a continuing operations basis.

Houghton Mifflin Harcourt Announces First Quarter 2021 Results; Delivers Billings Growth of 11% from Continuing Operations; ARR Growth of 80%; Strong Trailing Twelve-Month Free Cash Flow

BOSTON, April 15, 2021 /PRNewswire/ -- Houghton Mifflin Harcourt (HMH) (NASDAQ: HMHC) today announced that it will release its first quarter 2021 financial and operating results on Thursday, May 6, 2021, before the market opens. At 9:30 a.m.

Houghton Mifflin Harcourt Schedules Conference Call to Discuss First Quarter 2021 Results

JASPER, S.C., April 14, 2021 /PRNewswire/ -- Jasper County School District (JCSD) has launched a partnership with the International Center for Leadership in Education (ICLE), a division of learning technology company Houghton Mifflin Harcourt (HMH) dedicated to working side by side with educators to implement meaningful practices and support all learners and teachers.

HMH's International Center for Leadership in Education and Jasper County School District Launch Partnership to Boost Student Performance, Foster Transformational Change

BOSTON, April 7, 2021 /PRNewswire/ -- The COVID-19 pandemic has resulted in interrupted schooling for millions of students, and learning technology company Houghton Mifflin Harcourt , which reaches more than 90% of the country's K-12 classrooms, is responding with new flexible models and implementation structures designed to accelerate recovery in reading and math.  According to a recent study conducted by Horace Mann , 97% of educators reported "loss of learning" by their students over the past year.

HMH Expands Access to Intervention Solutions to Support School Districts and Educators Nationwide in COVID-19 Learning Recovery Efforts

Houghton Mifflin Harcourt presents an under-the-radar, compelling free cash flow story with a $20 target price as education spending recovers and the company benefits from a radical transformation. The re-positioning of the company is currently masked by Covid-depressed spending and ugly recent GAAP earnings. But dramatic changes should lead to prolific cash flow generation.

Houghton Mifflin Harcourt: A Smart Play On Education

News Corporation (NWSA) agrees to acquire Houghton's Books & Media segment, which boasts of successful backlists in the publishing industry. This will fuel growth across HarperCollins.

News Corporation (NWSA) to Buy Houghton's Books & Media Arm

Further consolidation worries the industry. After unloading several noncore businesses over the past year, News Corp is expanding again, following last week's acquisition of Investor's Business Daily.

What Does News Corp's Houghton Mifflin Harcourt Purchase Mean For Publishing?

Fly Leasing

These smart companies are making strategic moves at an opportune time.

Forget the Falling Stock Market -- These 2 Stocks Are Flying Higher Monday

The sale of its publishing division had investors cheering.

Why Houghton Mifflin Harcourt Stock Was Gaining Today

Rupert Muroch's News Corp said Monday it will acquire the Books & Media segment of Houghton Mifflin Harcourt for $349 million in cash and merge it with HarperCollins amid ongoing consolidation in the book publishing business. HMH Books & Media has an extensive backlist, “a sustainable and growing source of revenues, high margins and cash...

News Corp. To Buy Houghton Mifflin Harcourt Division For $349 Million

News Corp is paying $349 million in cash to acquire the books and media segment of Houghton Mifflin Harcourt. The operation will be added to News Corp's HarperCollins, significantly boosting the backlist of the world's second-largest consumer publisher. As much as they savor a contemporary hit, publishers rely on their backlists for a reliable flow...

News Corp To Acquire Book Publisher Houghton Mifflin Harcourt For $349 Million

Houghton Mifflin Harcourt Co (NASDAQ: HMHC) inked an agreement to divest its consumer publishing business, HMH Books & Media, to News Corp (NASDAQ: NWSA) division HarperCollins Publishers for $349 million cash. The divestiture will help HMH concentrate on K–12 education and drive digital sales, annual recurring revenue, free cash flow, and repay debt.

Houghton Mifflin Harcourt Shares Are Trading Higher On Selling Books & Media Segment To News Corp For $349M

The stock price of Houghton Mifflin Harcourt Company (Nasdaq: HMHC) has increased by over 20% pre-market. This is why it happened.

HMHC Stock Price Increased Over 20% Pre-Market: Why It Happened

Houghton Mifflin Harcourt said it's agreed to sell its HMH Books & Media consumer publishing division to News Corp. for $349 million in cash. Houghton Mifflin said the deal to sell the publisher of the J.R.R.

Houghton Mifflin Harcourt selling consumer publishing unit to News Corp. for $349 million

BOSTON, March 29, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today announced that it has entered into a definitive agreement to divest HMH Books & Media, its consumer publishing business, to HarperCollins Publishers, a division of News Corp (Nasdaq: NWSA), a global, diversified media and information services company, for a cash purchase price of $349 million.The divestiture enables HMH to focus singularly on K–12 education and accelerate growth momentum in digital sales, annual recurring revenue and free cash flow while paying down a significant portion of its debt. For nearly two centuries, HMH Books & Media has published some of the world's most renowned novels, nonfiction, cookbooks and children's books.

Houghton Mifflin Harcourt Enters Into Definitive Agreement to Divest HMH Books & Media Consumer Publishing Business for $349 Million

NEW YORK--(BUSINESS WIRE)--News Corp announced today that it has entered into an agreement to acquire the Books & Media segment of Houghton Mifflin Harcourt (HMH Books & Media). The business will be operated by HarperCollins Publishers, a News Corp subsidiary. HMH Books & Media is home to one of the most extensive and successful backlists in the publishing industry, with a history of strong profitability. Backlists have proven to be a sustainable and growing source of revenues, high

News Corp To Acquire Houghton Mifflin Harcourt Books & Media Segment

News Corp (NASDAQ: NWSA) is close to acquiring the consumer arm of educational publisher Houghton Mifflin Harcourt Co (NASDAQ: HMHC), the Wall Street Journal reported on Sunday, citing sources familiar with the matter. What Happened: The deal, whose financial terms were not disclosed, would help Rupert Murdoch-owned News Corp add a portfolio of high-profile novels from authors such as George Orwell, Philip Roth and J.R.R.

Murdoch's News Corp Nears Deal To Acquire Houghton Mifflin Harcourt's Consumer Arm: WSJ

News Corp is nearing an agreement to purchase the consumer arm of educational publisher Houghton Mifflin Harcourt Co., according to people familiar with the matter, which would mark the media company's second deal in less than a week.

The Wall Street Journal: News Corp nears deal to buy publisher Houghton Mifflin's consumer division

BOSTON, March 26, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt (HMH) today announced new senior leadership appointments in support of its digital first, connected strategy, which focuses on building and delivering purposeful technology that increases teacher capacity and enables personalized instruction for all learners across the achievement spectrum. Greg Collins  has joined HMH as Senior Vice President, Platform, and will lead product management and strategy for HMH's platform, Ed, which saw user growth of 306% in 2020.

HMH Strengthens Platform and Technology Leadership Bench with Key Appointments

BOSTON, March 22, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt (HMH) (Nasdaq: HMHC) today announced that Jean-Claude Brizard, President and CEO of Digital Promise, a global, nonpartisan, nonprofit organization focused on accelerating innovation in education, has been appointed to HMH's board of directors. "We are thrilled to welcome Jean-Claude to HMH's board," said Larry Fish, chairman of the board of directors, HMH.

Houghton Mifflin Harcourt Appoints Jean-Claude Brizard to Board of Directors

BOSTON, March 15, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt  today announced the availability of HMH Into Science®  K-5, a Next Generation Science Standards (NGSS)-aligned core curriculum that is the latest addition to HMH's suite of award-winning Into Learning  core programs. This digital-first program allows for seamless learning within varied learning environments and incorporates multimedia components and digitally enhanced interactivity to deepen engagement.

HMH Introduces New Approach to Elementary Science Education with Into Science K-5, featuring ELA Integration and Embedded Social-Emotional Learning Support

PORTSMOUTH, N.H., March 9, 2021 /PRNewswire/ -- Heinemann, a division of learning technology company Houghton Mifflin Harcourt (HMH), today announced the expansion of its catalog of resources for teaching mathematics with a new curricular offering from renowned math educators Marilyn...

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