BNED Campus Bookstores to Offer McGraw-Hill
Education Content through Inclusive Access Programs
BNED to Distribute McGraw-Hill Education’s New
Rental Titles
Barnes & Noble Education, Inc. (NYSE: BNED), a
leading provider of educational products and services solutions for
higher education and K-12 institutions, today announced an expanded
relationship with McGraw-Hill Education, which will provide
students, faculty and institutions with greater access to more
affordable course materials. The companies will partner on two
initiatives: the distribution of McGraw-Hill Education e-content
through inclusive access models on campuses served by BNED, and the
distribution of McGraw-Hill Education’s new rental titles through
BNED channels.
“Both Barnes & Noble Education and McGraw-Hill Education are
committed to supporting student success,” said Patrick Maloney,
Chief Operating Officer of Barnes & Noble Education and
President of Barnes & Noble College. “Working together, we can
ensure students have access to the largest selection of the most
affordable course materials, helping them to succeed in the
classroom and beyond.”
Inclusive access models, including Barnes & Noble College’s
First Day model, offer course materials at reduced prices through a
course materials fee for participating courses or programs. These
models ensure students receive their materials on or before the
first day of class, and have a proven track record of driving
positive outcomes for students. Barnes & Noble Education and
McGraw-Hill Education will partner to make McGraw-Hill Education
content available through inclusive access programs offered at the
nearly 1,485 schools served by Barnes & Noble Education.
“We are excited to continue working with Barnes & Noble
Education to increase affordability and improve outcomes for
students,” said Bill Okun, President of Higher Education at
McGraw-Hill Education. “Our new rental program, along with
Inclusive Access models that make our digital courseware and
adaptive capabilities available to students from the first day of
class, play important roles in driving value for students across
the country.”
As announced earlier today, through its Barnes & Noble
College and MBS Textbook Exchange subsidiaries, BNED will also act
as a distributor for rental textbooks offered through McGraw-Hill
Education’s newly announced rental program. The program includes
more than 250 copyright 2019 titles, with plans for all future
titles.
“We are excited to strengthen our partnership with McGraw-Hill
Education, utilizing our large footprint of nearly 1,485 stores to
distribute their rental titles,” said Mr. Maloney. “Barnes &
Noble Education’s combined resources and expertise in administering
rental programs, in addition to our extensive campus relationships,
will enable us to bring McGraw-Hill Education’s titles to a wide
audience of students seeking high-quality, affordable options.”
Through BNED’s MBS subsidiary, McGraw-Hill Education’s rental
program will also be made available to MBS Systems, Wholesale, and
Direct customers. This includes both institutionally run and
contract managed campus bookstores. Through its centrally located,
advanced distribution center, MBS will offer a seamless integration
of McGraw-Hill Education’s rental program, providing a single point
of entry for the rental titles and centralized administration and
distribution to more than 3,700 stores.
“We look forward to supporting all of our customers by
internally managing many of the processes required for a successful
rental program. We are uniquely positioned to provide seamless
ordering, receiving and returns of these materials through the same
processes bookstores use today, also adding the reporting required
to track transactions,” said David Henderson, President of MBS
Textbook Exchange. “This partnership will provide a streamlined
ordering process for all of our clients, and more affordable rental
titles to the students they serve. We are eager to attend CAMEX,
where we will explain in greater detail just how easy it will be
for bookstores to participate in this program.”
ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education, Inc. (NYSE: BNED), a
leading provider of educational products and services solutions for
higher education and K-12 institutions, enhances the academic and
social purpose of educational institutions. Through its Barnes
& Noble College and MBS subsidiaries, Barnes & Noble
Education operates 1,483 physical and virtual bookstores and serves
more than 6 million students and faculty, and offers a suite of
digital software, content and services including direct-to-student
study tools. The Company also operates one of the largest textbook
wholesale distribution channels in the United States. Barnes &
Noble Education acts as a strategic partner to drive student
success, provide value and support to students and faculty, and
create loyalty and improve retention, while supporting the
financial goals of our college and university partners.
BNED companies include: Barnes & Noble College Booksellers,
LLC, MBS Textbook Exchange, LLC, BNED LoudCloud, LLC, Student
Brands, LLC, and Promoversity, LLC. General information on Barnes
& Noble Education may be obtained by visiting the Company's
corporate website: www.bned.com.
ABOUT MCGRAW-HILL EDUCATION
McGraw-Hill Education is a learning science company that
delivers personalized learning experiences that help students,
parents, educators and professionals drive results. McGraw-Hill
Education has offices across North America, India, China, Europe,
the Middle East and South America, and makes its learning solutions
available in more than 60 languages. Visit us at mheducation.com or
find us on Facebook or Twitter.
For more information about McGraw-Hill Education’s focus on
affordability and outcomes,
visit: http://mheducation.com/realvalue.
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version on businesswire.com: http://www.businesswire.com/news/home/20180208006378/en/
Barnes & Noble EducationCarolyn J. Brown,
908-991-2967Vice PresidentCorporate
Communicationscbrown@bned.comorMcGraw-Hill EducationTyler
Reed, 646-766-2951DirectorCorporate
Communicationstyler.reed@mheducation.com
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