Barnes & Noble Education Expands Partnership with OpenStax
21 August 2018 - 3:45PM
Business Wire
Agreement between MBS Textbook Exchange and
OpenStax Gives Students Greater Access to Affordable Course
Materials
Barnes & Noble Education, Inc. (NYSE: BNED), a
leading provider of educational products and services solutions for
higher education and K-12, today announced an expanded partnership
with OpenStax™, the Rice University-based publisher of open
educational resources (“OER”), through its MBS Textbook Exchange
(“MBS”) subsidiary. Beginning in fall 2018, MBS will distribute
OpenStax’s 29 print titles to its more than 3,500 college store
partners.
The OpenStax agreement is part of BNED’s ongoing commitment to
provide affordable, accessible course materials for students
nationwide. Currently, the Company distributes OpenStax print
titles at its more than 760 Barnes & Noble College bookstores.
In addition, the Company’s LoudCloud Courseware™ offering is built
upon a foundation of high quality OER titles, including those
developed by OpenStax. The companies continue to explore new ways
to support their shared missions of driving affordability and
student success.
“We are pleased to build upon the strong partnership BNED
already shares with OpenStax,” said David Henderson, President of
MBS. “The demand for OER continues to grow, and MBS is proud to
work with OpenStax to help fill that demand and increase student
access to affordable learning materials.”
The expanded partnership streamlines adoption of OpenStax print
titles for schools, bookstores and faculty using MBS partner
stores. The stores will be able to place orders for OpenStax titles
alongside those for new, used, rental and publisher consignment
rental titles — taking the hassle out of print OER acquisition and
making it easier for MBS partner stores to bring the low-cost
titles to students.
“OpenStax is thrilled to enhance our partnership with BNED by
making access to our low-cost print options even easier for
students,” said David Harris, editor in chief for OpenStax. “This
agreement is an excellent step in helping us achieve our mission
with BNED."
Based at Rice University, OpenStax has become one of the most
impactful open educational resource publishers in the world, used
by 48% of colleges in the U.S. Since 2012, the nonprofit has helped
make college more affordable for over 6.2 million students by
offering free, peer-reviewed textbooks for high-enrollment college
courses.
ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education, Inc. (NYSE: BNED) is a
leading provider of higher education and K-12 educational products
and solutions. Through its Barnes & Noble College and MBS
Textbook Exchange segments, Barnes & Noble Education operates
1,444 physical and virtual bookstores across the U.S., serving more
than 6 million students and faculty. Through its Digital Student
Solutions segment, the Company offers a suite of digital software,
content and services including direct-to-student study tools,
serving approximately 100,000 subscribers in more than 15 different
countries and receiving more than 20 million unique monthly
visitors to its sites. The Company also operates one of the largest
textbook wholesale distribution channels in the United States. For
more information please visit www.bned.com.
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 OPENSTAX
As a nonprofit education technology initiative that is supported
by philanthropic foundations, OpenStax is committed to
improving access to quality learning materials. In addition to free
college textbooks, OpenStax also provides free Advanced
Placement textbooks that are developed and peer-reviewed by
educators, along with low-cost, personalized courseware that helps
students learn. For more information,
visit http://OpenStax.org.
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version on businesswire.com: https://www.businesswire.com/news/home/20180821005425/en/
Media:Barnes & Noble
Education, Inc.Carolyn J. Brown, 908-991-2967Senior Vice
PresidentCorporate Communicationscbrown@bned.comorInvestors:Barnes & Noble Education,
Inc.Thomas Donohue, 908-991-2966Senior Vice PresidentTreasurer and
Investor Relationstdonohue@bned.com
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