On Monday, May 4, McGraw-Hill and Cengage separately made public the termination of their merger agreement that was announced just…
For many veteran authors and publishing industry professionals, like TAA members Karen Morris and Steve Gillen, mergers and acquisitions are not new occurrences in academic publishing. However, in light of recent announcements, including the pending merger of industry-leaders Cengage and McGraw-Hill, many authors are concerned about their own survival options.
In their 2019 Textbook & Academic Authoring Conference presentation, “Mergers and Acquisitions Among Publishers: Authors Need a Life Jacket”, Morris shared her experience as a survivor of mergers throughout her career and Gillen offered perspective on what a merger may mean to the individual author, what they can do to protect themselves, and what to do after the deal is announced.
This week’s collection of articles from around the web begins with prompts to stimulate your thinking and methods for finding papers for your literature review. It continues with the importance of validating faculty research, consideration of your timeline for finishing a PhD, and expectations when presenting research to an industry audience. Finally, we have some noteworthy industry news on cost per use value models, the value of the big deal, the Cengage-McGraw Hill merger, and a new textbook model at UC Davis.
Neil Gaiman once said, “The main rule of writing is that if you do it with enough assurance and confidence, you’re allowed to do whatever you like. (That may be a rule for life as well as for writing. But it’s definitely true for writing.) So write your story as it needs to be written. Write it honestly, and tell it as best you can. I’m not sure that there are any other rules. Not ones that matter.” Happy writing!
Let me warn you. This week’s collection of posts from around the web has several topics that may not be comfortable for textbook and academic authors. We begin with articles challenging the status quo for academic bios, the value of disability inclusion in the publishing industry, and the approach you take to turn your PhD into a book. More hot topic industry changes, specifically in light of recent announcements of Pearson’s “digital first” initiative and the Cengage-McGraw-Hill merger, also make this week’s list.
The changes to the publishing industry are not new, but in the recent months seem to be coming at a faster pace with greater impact to authors. That said, as you review the articles linked below, remember the wisdom of Roy T. Bennett who said, “Great things don’t come from comfort zones.” In the coming week, I encourage you to reach beyond your comfort zone in your pursuit of greatness. Happy writing!
This week’s collection of articles from around the web is full of opportunities. Opportunities to improve your academic reading practice, to tell your story, to make your writing more interesting, to broadcast your research, or to go freelance. It’s also filled with challenges and uncertainty. Challenges of parenting and academia, predatory journals, the uncertain future of university presses, neurodiversity in scholarly publishing, and the affect of the planned merger between Cengage and McGraw-Hill on the textbook market.
With each opportunity comes challenge and uncertainty. Equally so, with each challenge or uncertainty comes opportunity. As Ray Bradbury once said, “You fail only if you stop writing.” So, here’s to success. Happy writing!
An announcement jointly made by Cengage CEO Michael Hansen and McGraw-Hill CEO Nana Banerjee is sure to raise questions among authors of both organizations. The two entities are planning a merger in 2020 that will, according to the company’s public release, “accelerate innovation and accessibility” and provide “seamless integration across our range of learning sciences, adaptive solutions, and learning tools.”