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Proposed FCC reform of the E-rate program will be...

Proposed FCC reform of the E-rate program will be “a positive development” for News Corp.’s digital education business, said Wells Fargo Securities analyst Eric Katz. The business, “Amplify,” will use customized tablets and specialized education software to create a new…

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digital curriculum for students. “Although the business is clearly in a ramp-up phase,” Friday’s 3-0 FCC vote on an NPRM about potential expansion of E-rate (CD July 22 p1) “shows that there is a desire (at the Federal level) to accelerate a shift towards digital education,” Katz wrote investors Monday. He expects Amplify will ultimately garner a 10 percent share of the $17 billion target market.