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Pearson shifts to Netflix-style subscription model for textbooks (The Guardian)

"The era of students using their loans to buy expensive textbooks upfront could be coming to an end, after the academic publisher Pearson announced a shift towards a Netflix-style subscription-based model."—Source: The Guardian

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WHY THIS MATTERS:

Today's students want to flip the print-to-digital paradigm, and academic publishing titan Pearson is recalibrating to fight the headwinds. The new focus will be on subscription-style e-books, electronic assets, and digital-first resources.