Christie + Co

Essential reading for education companies worldwide
 
 
Remember me:
Skip Navigation LinksEI article
News Corp kick starts education division

Global media giant News Corp has unveiled further details of its plan for the education sector.
 
In a statement released on Monday Joel Klein, the chief executive of News Corp’s education arm, unveiled its new brandname ‘Amplify’. 
 
The new division will offer digital products and services for parents and teachers of school age children. It’s also teamed up with telecommunication provider AT&T to provide products such as tablet computers and wifi services to US schools during the 2012-13 academic year.
 
Klein said in Monday’s statement: “Amplify will introduce new products in a thoughtful way, so that technology can finally live up to its promise to advance learning and augment teaching for students, teachers and parents everywhere.”
 
Amplify will include three sub-divisions; educational analytics, digital content, and new distribution platforms. 
 
News Corp announced plans to launch an education arm in 2010, and acquired a 90% education software company Wireless Generation in a $360 million (£229 million) deal later that year. Since then, however, there’s been little news of the new venture, leading to speculation that the UK phone hacking scandal was delaying its roll out.
 
Earlier this year Wireless Generation’s chief executive Larry Berger told the Wall Street Journal that the firm had looked at additional acquisitions, but had decided instead to focus on developing new products. 
 
This week’s announcement is part of a larger restructuring by News Corp as it prepares to split into two separate publicly traded corporations. 
 
The education division will join News Corp’s newspapers and its HarperCollins book division in a newly formed publishing company. Meanwhile, the group’s entertainment assets will form another, larger company. 


Posted on: 26/07/2012




Latest news

24/05/2017
International K12 operator GEMS has combined forces with Canadian data and loyalty analytics company Aimia to develop “the region’s first education-related rewards and benefits programme”.
24/05/2017
The formative assessment app Zzish created by ex-Google product manager, Charles Wiles, has raised over a £1 million from private investors on Crowdcube. Once the funding round is closed it will take the firm’s total raise to £3 million since its launch.
22/05/2017
Indian media company HT Media is acquiring Apollo Global Singapore’s 49% stake in its joint venture India Education Services (IESPL) for Rs 58 crore (£6.89 million), DealStreetAsia has published.
18/05/2017
Singapore-based private equity advisory firm, Rising Tide Asia, part of the Rising Tide Foundation Group is in the process of selling its education assets EducationInvestor can reveal.
18/05/2017
The Conservative Party has pledged an extra £4 billion by 2022 per year to address the schools funding gap.
18/05/2017
GK Strategy, the political advisory firm, has appointed former cabinet minister and Liberal Democrat MP David Laws as a strategic advisor.
17/05/2017
The British Educational Suppliers Association (BESA) has launched a campaign to highlight the funding gap in UK schools over the past two years.
17/05/2017
Dubai-based education company GEMS Education has announced a strategic partnership with Intelligent Partners, a consultancy which offers career and higher education counselling
16/05/2017
Indian ed tech app Byju’s is in advanced talks to acquire parts of TutorVista from Pearson, Indian daily The Economic Times has reported.
16/05/2017
Private equity firm Oakley Capital has acquired tutoring firm Schuelerhilfe for €42 million (£35.7 million) from its owners Deutsche Beteiligungs AG and DBAG Fund V.





global | IFC

The private sector arm of the World Bank, the International Finance Corporation, is one of the largest global investors in education. Kirsten Noben talks to head of education, Salah-Eddine Kandri, about its strategy
Read more...


Christie + Co

EducationInvestor Global events

Features and analysis

It is critical that academic institutions begin to adopt a sustainable model for the provision of online learning, says Jeremy Bradley, executive director of academic and student affairs at InterActive

Sky School offers blended learning for refugees in Jordan and Greece. We spoke to founders Mia Eskelund and Polly Akhurst

Patrick Craven, director at City & Guilds and vice-chairman of The e-Assessment Association, reviews the potential benefits of technology-enhanced assessment

VitalSource provides e-textbook services to global markets. John Donovan, newly appointed managing director for the EMEA and Asia Pacific region, tells us more

GEMS Education is one of the largest K12 operators globally. Kirsten Noben speaks to executive director of Europe, Jay Varkey, about the firm’s success

Indonesia presents a number of challenges to the informed investor, says Tony Mitchener, management consultant and national director at Australia Indonesia Business Council

The private sector arm of the World Bank, the International Finance Corporation, is one of the largest global investors in education. Kirsten Noben talks to head of education, Salah-Eddine Kandri, about its strategy

Success at Witherslack Group has been driven by a focus on high acuity cases and a substantial support structure for teachers, finds Ploy Radford

Deloitte