Flat World Knowledge: A Disruptive Business Model
http://industry.bnet.com/media/10003790/flat-world-knowledge-a-disruptive-business-model/
(David Weir, BNET, 20 August 2009.) Flat World Knowledge is enjoying rapid growth, from 1,000 students in the spring of 2009 to 40,000 in the fall semester using their materials. The company’s business model pays a higher royalty percentage to textbook authors and charges students a great deal less than traditional publishers.