Houghton Mifflin Acquires Channel One News

(RTTNews) - Education solutions company Houghton Mifflin Harcourt Co (HMHC) Tuesday announced the acquisition of Channel One News, a digital content provider aimed at kids.

The deal represents Houghton's strategic investment in the development of high-quality digital content for students, teachers and parents across multiple modalities, and will bring significant video and cross-media production capabilities in-house.

Established in 1989, Channel One News produces Peabody and Telly award-winning daily news programs that are broadcast to nearly five million upper elementary, middle and high school students across the U.S. via satellite and online at ChannelOne.com.

Channel One News and its employees will continue to be based in New York City.