Current Education News

After layoffs, News Corp sells Amplify to current leaders

  • On Thursday, News Corp announced it had sold its education arm, Amplify, to a group of private investors that includes former New York City schools chief and CEO Joel Klein.
  • The news followed widespread layoffs on Wednesday that affected upwards of 500 employees.
  • Aside from Klein, the new leadership team includes Larry Berger, who will take the reins of "the new Amplify, " as well as Chief Product Officer Laurence Holt, Chief Operating Officer Pat Smith, and several other top executives from Amplify’s various divisions.

Dive Insight:

So ends the saga of News Corp’s Amplify. First, the media company promised to transform education, then its efforts faltered along with sales. For the past year, the company seemed to simply hobble along. But the sale to current leaders indicates that there’s a sense, at least internally, that belief in its original promise remains, amid deep staff cuts and an uncertain path forward.

In an email to remaining employees, Berger wrote, “I look forward to working with you to build great products and a great company. I am proud of the technology we’ve invented, the educational innovations we’ve pioneered, and the results we’ve delivered—and most importantly, of the team we’ve assembled.”


Interesting facts:

Christian Press newspaper is a non-denominational evangelical Christian newspaper. Its headquarters are in Newton, Kansas.
The paper was started in 1985 under the name of The Wichita Chronicle in Wichita, Kansas. It was bought by the current owners in 2005, and...

Smart Connect Current News: US Free
Mobile Application (Smart Connect)
  • Get the latest news events regularly
  • Latest international news from established publishers
  • News apps for free
  • Easy-to-use everyday newspaper
  • User-friendly interface

You might also like:

How to Include Current News in your MyEconLab Course
How to Include Current News in your MyEconLab Course
Whats Up with Current News? Time Magazine
Whats Up with Current News? Time Magazine
Bisk CPE Network Education News and Information Videos: Tax Report Summary - Current Developments, Individual Tax, Business Tax, Estate and Gift Tax [VHS Video]
Video (Bisk Education, Inc.)
Scholastic Our Class News Pocket Chart
Office Product (Scholastic)
  • Plastic dowel rod stitched inside each pocket chart for stability
  • Reinforced grommets
  • Realistic photographs in full color
Malala Courage Tee Shirt Womens L black U
Apparel ()
  • Ladies Ringspun Fashion Fit T-Shirt
  • Pre-shrunk , 100% combed ring spun 4.5 oz cotton, 30 singles
  • Classic semi-contoured silhouette with side seam, Shoulder-to-shoulder taping, Seamed collaret
  • Double-needle sleeve and bottom hem FROM CUSTOM SHIRTS
Smart Connect Current News Smartphones Free
Mobile Application (Smart Connect)
  • Get the latest news events regularly
  • Latest international news from established publishers
  • News apps for free
  • Easy-to-use everyday newspaper
  • User-friendly interface
Related Posts