Houghton Mifflin Harcourt Restructuring

Well-known publishing giant Houghton Mifflin Harcourt “filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code” on May 21, 2012.  Check out the company’s latest statement on their financial restructuring.

We live in interesting times.  What else will the “web-olution” bring for publishers and libraries?

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