Sale of McGraw-Hill Education Highlights K-12 Publishing Trends

When the McGraw-Hill Cos. agreed late last month to sell its education division to a private- equity firm, it was the culmination of a yearlong plan to reorganize and separate the publisher's education business from its financial-information business.

It was also, in many ways, a landmark in a period of significant transition in the educational publishing world that saw each of the "big three" publishers reshuffle its business over the past 15 months. Schools are increasingly moving away from printed textbooks toward technology platforms to deliver curriculum, and instructional-material adoption is slowing as states reconsider how they spend precious resources, especially in advance of wholesale curricular changes brought on by the Common Core State Standards.

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