"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.