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Textbook Publishers taking aim at Used Books, improving up E-Books

WASHINGTON — College students typically complain about tuition and books and often resell their used textbooks to recoup some money. Now, textbook companies are taking notice.

used textbooks [1]Reuters reports [2] that the textbooks companies may end that source of cash because they do not make money on the reselling of old textbooks.

Pearson and McGraw-Hill, two leading publishers, are looking to create online versions of their texts with interactive features and sell students access codes that expire at the semester’s end. It is a new trend to shift toward e-books and not written, hard-copy textbooks.

Online products make up 27% of the $12.4 billion spent on textbooks for high schools and colleges, said research firm Outsell Inc. At least half of Pearson’s revenue last year came from digital purchases and services.