Go Read This | Macmillan to sell Indian BPO – The Times of India

I don’t know if this is prompted by the sense that what MPS provides can be bought from other providers as easily as using an in-house outfit, or if the idea is to release an internally impressive unit from the constraints of a traditional parent. Whatever the logic, I’m intrigued by this:

Global publishing giant Macmillan Group is set to sell its Indian technology solutions and BPO firm MPS, said banking sources said. Macmillan holds 61% stake in MPS, which is listed on the domestic bourses.

The Bangalore-based MPS employs around 1,000 people and undertakes publishing services work for the UK-based parent as well as third party clients. Ernst & Young has been mandated to find a suitor for MPS.

via Macmillan to sell Indian BPO – The Times of India.

Go Read This | From Book Oven to PressBooks, Hugh McGuire Shares His Startup Story

This is why Hugh McGuire is so great, he’s clear-sighted and setting about fixing a REAL problem. Success cannot be too far away. I love the idea of PressBook, I want it to succeed, I’m sure it will:

Book production is broken right now, because it’s still focused on creating a print book, and then somehow generating an ebook. So ebooks are still an afterthought in production processes. But even more important, in the long run, is that those producing books aren’t yet even thinking about the web – which I’m certain will be the ultimate place that books will live.

via From Book Oven to PressBooks, Hugh McGuire Shares His Startup Story.