Netflixing Textbooks
August 5, 2021
I read an interesting statement in the Financial Times’s article “Pearson Bets On Direct to Student Subscription Shift.” The idea is that students subscribe to textbooks just as one would subscribe to Tesla self driving or to the Netflix movie service.
Here is the statement I circled:
Thomas Singlehurst, an analyst at Citi, … remained cautious about Pearson’s ability to become a Netflix of education.
Pearson has been flexible over the years. It shifted from building stuff to renting textbooks. Now the company is “netflixing”. Well, that’s the plan. Many people love Netflix. Will that love transfer to Pearson?
Stephen E Arnold, August 5, 2021
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