- Who We Are
- What We Do
- Rights & Permissions
- Community & Environment
- Visit Bookshop
- Career Opportunities
- Contact Us
Cambridge announces tenth successive year of growth
The report shows that the Press's total sales for the year were £245 million, which is an increase of 3.8 per cent on last year, with an operating surplus of £3.4 million.
The Chief Executive of Cambridge University Press, Peter Phillips, said: "The Press is engaged in a wide-ranging process of transformation to make sure we can deliver outstanding scholarship and learning materials globally in an increasingly digital environment. That takes time and investment. But the year to April 2012 shows that we have made a good start."
Sales of the Press's digital products increased by 50 per cent over the previous year, and, for the first time, academic materials delivered digitally exceeded 30 per cent of the Press's academic output. The Press's Education group delivered a record number of new publications with accompanying e-books, interactive digital books, apps or companion websites, and Touchstone, the digital and blended English language course, has continued its high growth with new adoptions by major institutions on several continents. Cambridge Books Online, the Press's digital platform for academic books, has also seen another significant increase in sales over the last year.
The year to April 2012 saw the Press and the University working even more closely with other parts of the University: scholars from across the research spectrum helped to drive a large-scale review of the Press's academic publishing to ensure it continues to meet the needs of the researchers and the scholarly communities it serves. The Press also deepened its existing collaborations with Cambridge Assessment, resulting in joint Cambridge English branding, joint product development and a joint exam preparation unit.
Two major new open access mathematics journals were also commissioned, another manifestation of Cambridge's commitment to furthering knowledge, learning and research.
The market has been challenging and the year has also seen reduced academic library budgets in North America, reduced spending on universities and schools in many parts of Europe and slower market growth in areas such as Asia.
Cambridge is already reaping benefits from reorganising its global publishing into three main groups – Academic, Education and Cambridge English – to ensure resources and decision-making are shared.
As book distribution becomes increasingly electronic, and digital printing enables shorter print runs or printing closer to customers, the need for large distribution and printing facilities has receded. As a result, the UK logistics operations were transferred to DHL and, just after the end of the year, US logistics operations moved to Ingram's facilities in Tennessee. The Press's UK printing operations were acquired by MPG Books Group, preserving the tradition of academic printing close to Cambridge along with the vast majority of jobs for printing colleagues.
Thursday, 22 November 2012
Other recent news articles
Cambridge University Press Response to Ruling in Georgia State University Lawsuit
The three publishers involved reluctantly undertook this action to help clarify important questions of copyright in a digital world.17 OCTOBER 2014
Sir Ernest Shackleton and the Encyclopaedia Britannica
A new exhibition in the Press Museum tells the story of Sir Ernest Shackleton and the Press edition of the Encyclopaedia Britannica17 OCTOBER 2014
Cambridge University Press publishes revolutionary new Academic textbook on Aboriginal Health
Cambridge University Press has announced it will publish Yatdjuligin: Aboriginal and Torres Strait Islander Nursing and Midwifery Care.19 SEPTEMBER 2014
Cambridge University Press welcomes two new global partners for its online academic platform
Cambridge University Press has announced two new international partners for its epublishing service, University Publishing Online.11 SEPTEMBER 2014
Cambridge University Press announce a twelfth successive year of sales growth
2013/4 Annual report outlines sales growth in a year of digital development and investment.20 AUGUST 2014
Press signs historians’ ‘call to arms’
In October, the Press will publish simultaneously in Open Access and in print a book by two internationally renowned historians that reconsiders the role of history in the digital age and urges a return to its traditional mission as a guide to public life.14 AUGUST 2014
Cambridge announce new Spoken Corpus
Cambridge University Press and the ESRC-funded Centre for Corpus Approaches to Social Science (CASS) at Lancaster University have agreed to collaborate on the compilation of a new, publicly accessible corpus of spoken British English called the ‘Spoken British National Corpus 2014’ (the Spoken BNC2014).28 JULY 2014