Essentials Magazine Essentials Summer 2014 | Page 26

K-12 MARKET PROJECTIONS Aggregate college sales for those ranked as being dominant contenders in the higher education arena rose by a modest 2.3 percent to $4.889 billion in 2012 from $4.779 billion in 2011. • McGraw-Hill Education was ranked as the third-largest school publisher in 2012, with sales of $850 million, down from $949 million in the previous year. • School Specialty ranked fourth with sales of $675 million for its FY ended April 28, 2013, down 7.8 percent from $732 million in the previous fiscal year. • Scholastic ranked fifth with sales of $446 million in its FY ended May 31, 2013, compared with $463 million in the comparable year-ago period. • Top ranked Pearson was the only school publisher of the five surveyed to achieve a sales increase, 2.8 percent to $2.324 billion from $2.260 billion in 2011. The sales, reflecting curriculum and assessment/information sales, are those of the company’s North American Education segment. Total sales for this segment, which reflect both school and higher education, were $4.226 billion in 2012, compared to $4.109 billion in 2011. • HMH Holdings Inc., previously known as Houghton Mifflin Harcourt, was ranked as the second-largest K-12 publisher in 2012, with sales of $1.129 billion, down from $1.170 billion in 2011. Table 2.5 - EMR Ranking 2012: School And College Publishers SCHOOL PUBLISHERS 2012 2011 Change Pearson (1) $2.324 billion $2.260 billion 2.8% HMH Holdings (Delaware) (2) $1.129 billion $1.170 billion -3.5% McGraw-Hill (3) $850 million $949 million -10.4% School Specialty (4) $675 million $732 million -7.8% Scholastic (5) $446 million $463 million -3.7% Total $5.424 billion $5.574 billion -2.7% COLLEGE PUBLISHERS Cengage (6) $1.993 billion $1.876 billion 6.2% Pearson (7) $1.902 billion $1.849 billion 2.9% McGraw-Hill (8) $660 million $740 million -11.0% John Wiley (9) $334 million $314 million 6.4% $4.889 billion $4.779 billion 2.3% Total 26 essentials | summer 2014