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WIKI ANALYSIS
Pearson PLC (NYSE: PSO) is a media and education company. The company delivers the content in a range of forms and through a variety of channels, including books, newspapers and online services. It offers services and content, including test creation, administration and processing, and teacher development and school software.
Pearson's major markets are the United States (59% of sales) and Europe (21% of sales).[1] Pearson consists of three worldwide businesses: Pearson Education, The FT Group and The Penguin Group.[1]
Business Growth
In April 2011, the Company acquired Schoolnet. During the year ended December 31, 2010, Pearson acquired Melorio plc and Sistema Educacional Brasileiro.[1]
Business Segments
Pearson Education
Pearson Education is a provider of educational materials and learning technologies. It provides test development, processing and scoring services to governments, educational institutions, corporations and professional bodies’ worldwide. It publishes across the curriculum and provides a range of education services, including teacher development, educational software and system-wide solutions.
The FT Group
The FT Group provides a range of data, analysis and services to an audience of internationally-minded business people and financial institutions. FT Group consists of the Financial Times, FT.com Website, and a portfolio of financial magazines and online financial information companies. The Financial Times is an international daily business newspaper, with five editions in the United Kingdom, Europe, Middle East and Africa, the United States and Asia. Its main sources of revenue are from sales of the newspaper, advertising and conferences. The Financial Times is complemented by FT.com, which sells content and advertising online, and which charges subscribers for detailed industry news, comment and analysis, while providing general news and market data.
The Penguin Group
Penguin publishes over 4,000 fiction and non-fiction books each year, on paper, screens and in audio formats for readers of all ages, and has a range of backlist and frontlist titles, including top literary prize winners, classics, reference volumes and children’s titles. Penguin operates worldwide through a series of connected national publishing houses.
Trends and Forces
Competition
- News Corporation (NWS)
- Reed Elsevier (RUK)
- New York Times Company (NYT)
- McGraw-Hill Companies (MHP)
- Gannett (GCI)
- Reed Elsevier NV (ENL)
- Scholastic (SCHL)
- Lee Enterprises (LEE)
- John Wiley & Sons CL A (JWA)
References
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