[EDLING:1907] CUP aims to double education division
fmhult at DOLPHIN.UPENN.EDU
fmhult at DOLPHIN.UPENN.EDU
Fri Sep 29 04:38:42 UTC 2006
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| CUP AIMS TO DOUBLE EDUCATION DIVISION |
| ------------------------------------------------------------------ |
| More changes at CUP as university publisher focuses on |
| educational market |
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Cambridge University Press has unveiled aggressive growth plans for
its newly restructured £60m educational division, aiming to boost
turnover by between 75% and 100% over the next five years.
The publisher has brought all its educational products under a new
umbrella unit, Cambridge Learning , and taken on 60 new staff over the
past two years in line with a wider strategy to focus on the business’
more commercial properties.
The unit represents around half of the £120m CUP business , with the
rest made up by academic products. But Andrew Gilfillan, m.d. of
Cambridge Learning, said it would soon become the majority part. “The
plan is for Learning to overtake academic in terms of growth and
revenues because the market opportunities are greater,” he said. “We
are targeting growth of 12% to 15% year-on-year for the next five
years.”
... read the full story at <http://www.iwr.co.uk/2165276>
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