Who Owns Prentice Hall?
Prentice Hall is owned by Pearson plc, a publicly traded British multinational education company. Prentice Hall is one of the world's leading educational publishers, providing textbooks and learning materials for K-12 and higher education. The brand serves millions of students and educators globally.
Parent Company
Pearson plc
Acquired
1998
Status
Private
Headquarters
United States
Who Owns Prentice Hall?
- Parent Company: Pearson plc
- Ownership Type: Wholly owned
- Acquisition Year: 1998
- Company Type: Publicly Traded
- Stock Ticker: LSE: PSON
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Prentice Hall | Pearson plc | Wholly owned |
History of Prentice Hall
- Founded: 1913
- Founders: Prentice Hall (original founding)
- Acquired by Pearson plc: 1998
Prentice Hall was founded in 1913 by Charles Gerstenberg and Richard Ettinger in New York City. The company was named after the home of Gerstenberg's mother-in-law, which was located on Prentice Hall Road in Englewood Cliffs, New Jersey. The founders initially focused on business and economics textbooks, with Gerstenberg's own textbook on financial organization and management among the early publications.
Through the 1920s and 1930s, Prentice Hall expanded its catalog across multiple academic disciplines, building a reputation for rigorous, authoritative textbooks in business, law, and the social sciences. The company's business education titles became particularly influential, with Prentice Hall establishing itself as a leading publisher for college-level business programs.
Following World War II, Prentice Hall expanded aggressively into the growing American higher education market, which was expanding rapidly due to the GI Bill and rising college enrollment. The company published textbooks across engineering, science, mathematics, and the humanities, building one of the most comprehensive academic publishing catalogs in the United States.
In the 1970s and 1980s, Prentice Hall expanded into K-12 educational publishing, adding school-level textbooks to its higher education catalog. The company also moved into professional and reference publishing, producing legal, tax, and business reference materials alongside its academic titles.
In 1984, Gulf and Western Industries acquired Prentice Hall, bringing it under the same corporate umbrella as Simon and Schuster. Gulf and Western subsequently renamed itself Paramount Communications, and Prentice Hall became part of the Paramount publishing empire alongside Simon and Schuster's other imprints.
In 1994, Viacom acquired Paramount Communications, making Prentice Hall part of Viacom's media portfolio. Viacom subsequently decided to divest its educational and professional publishing assets to focus on its core entertainment businesses.
In 1998, Pearson plc acquired Simon and Schuster's education, reference, and professional publishing operations from Viacom for approximately $4.6 billion. The acquisition included Prentice Hall, Allyn and Bacon, Addison Wesley Longman, and other imprints, transforming Pearson into one of the world's largest educational publishers.
Under Pearson ownership, Prentice Hall's catalog was integrated into Pearson's broader educational publishing portfolio. The brand has been maintained for its established recognition in the higher education market, particularly in business, economics, and STEM disciplines. Pearson has progressively shifted Prentice Hall's content toward digital formats, with many titles now available as eTextbooks and through Pearson's digital learning platforms.
Pearson's broader digital transformation strategy, which accelerated through the 2010s and 2020s, has affected how Prentice Hall content is delivered. The company has moved toward subscription-based access models and integrated digital courseware, reducing dependence on the traditional print textbook sales cycle.
About Pearson plc
Pearson operates through three global lines of business: School, Higher Education, and Professional. The company provides educational content, digital learning platforms, assessments, and professional certifications.
Pearson serves millions of students, educators, and professionals globally through its brands and platforms. The company has been transitioning to digital-first strategies, with more than half of annual revenues coming from digital sales as of 2019.
- Founded: 1844
- Headquarters: London, United Kingdom
- Company Type: Publicly Traded
- Stock: LSE: PSON
Where Is Prentice Hall Made / Based?
- Headquarters: United States
- Manufacturing / Operations: United States, Multiple international locations
Brands Owned by Pearson plc
- Addison-Wesley - Leading educational publisher specializing in STEM subjects, mathematics, scienc...
- Allyn & Bacon - Educational publisher specializing in higher education textbooks for education, ...
- Edexcel - Leading UK provider of qualifications and assessments offering GCSEs, A Levels, ...
- Pearson English - Leading English language learning brand providing comprehensive courses and mate...
- Scott Foresman - Educational publisher providing K-12 textbooks and learning materials for readin...
Prentice Hall Ownership: Pros & Cons
Advantages
- +Over 110 years of brand recognition in American educational publishing
- +Pearson plc's global distribution infrastructure reaching educational institutions in over 70 countries
- +Extensive catalog across K-12 and higher education disciplines built over more than a century
- +Pearson's investment in digital transformation supporting shift to eTextbook and subscription models
- +Strong brand recognition among educators and institutions in business, economics, and STEM
- +Integration with Pearson's digital platforms including Pearson+ subscription service
Considerations
- -Print textbook market declining as digital adoption and open educational resources grow
- -Competition from McGraw-Hill, Cengage, and other publishers offering comparable digital platforms
- -Student cost concerns driving demand for lower-cost alternatives including used books and OER
- -Pearson plc's ongoing digital transformation creates organizational complexity and transition costs
- -Dependence on Pearson plc's strategic priorities and capital allocation decisions
Frequently Asked Questions About Prentice Hall
Pearson plc Stock Information
Jobs at Pearson plc
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