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Textbook Authors Sue over Cengage Unlimited Royalties
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Back in January, I wrote of Cengage's "all you can eat" Unlimited pricing announcement: We don't know whether Cengage will be a winner from this strategy, but we do know who will be the losers: textbook authors. Cengage, of course, denies this. Cengage CTO George Moore, when asked about the contract renegotiations with the authors to make this fly, said only that "Cengage renegotiates contracts with authors all time." Michael Hansen claimed that Cengage's interests and their authors are aligned, and that their authors are all very concerned about the affordability of textbooks. Really? In February of 2015, Greg Mankiw—Cengage's...