Flat World Knowledge Named to EContent Magazine’s 2010 List of Top 100 Digital Companies

IRVINGTON, NY – December 15, 2010 – Flat World Knowledge, the leading publisher of commercial, openly-licensed college textbooks, today announced that it was named by EContent magazine as one of the top 100 companies in 2010 that matter most in the digital content industry.

“We selected Flat World Knowledge for being a true educational entrepreneur,” said Michelle Manafy, EContent’s editor-in-chief. “The company is changing the way the world thinks about college textbooks with a barrier-breaking business model and technology platform that treats students like consumers who deserve affordable choices.” 

Flat World Knowledge joins other companies, such as Amazon, Apple, Google and Twitter, who were selected for their “innovation, customer focus, and responsiveness to the changing digital content landscape.”  

More Information

Flat World’s textbooks are published under a Creative Commons open license, which allows anyone to access the books for free online. Students can buy affordable paperback books, PDF downloads, audio and e-reader versions, and study aids. Faculty and institutions have unprecedented freedom to interact with the content in new ways to create a richer learning experience for both students and educators.

BusinessWeek recently singled out Flat World Knowledge as one of the top startups using technology to change the economics of textbook publishing and make higher education more affordable and accessible.

Earlier this year, the Horizon Report, an annual research project of the New Media Consortium and the Educause Learning Initiative, cited Flat World Knowledge as being at the forefront of the open content movement, which the reports calls one of the top educational technology trends of 2010.

Core Facts

  1. Flat World Knowledge, the leading publisher of commercial, openly-licensed college textbooks, was named to EContent magazine's list of 100 companies that matter most in the digital content industry.

  2. The EContent 100 were chosen for their “innovation, customer focus, and continued responsiveness to the changing digital content landscape.” The panel of judges included Information Today editors, EContent contributing editors, and other experts in the digital content industry.

  3. Flat World’s business model and online publishing platform keep costs low, significantly shorten time-to-market, and transforms a static text into a dynamic learning resource that is automatically available in multiple low-cost formats.

  4. With a growing roster of more than 100 authors, Flat World Knowledge plans to add 40+ new titles to its catalog by spring 2012. The company expects to publish textbooks for the 125 largest-enrolling college courses within the next four years.

  5. For the 2010-2011 academic year, more than 1,500 educators representing 800 colleges and universities will use Flat World’s textbooks.

  6. Flat World Knowledge was featured in the August issue of EContent, Flat World and the Real World of Textbook Publishing.

Images

Quotes

"As college enrollments soar, we see the market exploding for high-quality textbooks that are available in a variety of low-cost print and digital formats. We are delighted to be recognized for creating a business that is harnessing the power of the Internet to meet the economic and academic needs of students, faculty, authors and institutions in the 21st century.”

Jeff Shelstad, Flat World Knowledge CEO and co-founder

Company information

Flat World Knowledge is the largest publisher of free and open college textbooks for students worldwide. Committed to making higher education more affordable and accessible, the company provides students with free online access to complete, peer-reviewed textbooks, with options to purchase affordable print and digital formats, including e-books, audio books, PDF downloads and interactive study aids. Flat World’s open license and online editing platform enable professors to modify the content and create the “perfect book” for their course. To date, more than 1,600 professors at over 900 colleges in 44 countries have used Flat World open textbooks. To learn more, visit www.flatworldknowledge.com; follow us on Facebook at http://www.facebook.com/flatworldknowledge; and on Twitter at http://twitter.com/flat_world.

15th December 2010

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