Internet fuels CUP growth

<p>
Cambridge University Press has reported turnover of &pound;101m for 1999, driven by "spectacular growth" in sales through Internet booksellers, especially in the US. The figure represents an 8% increase compared with sales in 1998 and is the first time in the publisher's history that revenues have exceeded &pound;100m.</p><p>
CUP made an overall profit of &pound;10.2m, of which &pound;3.6m was returned to Cambridge University. As part of the university, CUP is a registered charity and does not pay tax on profits.</p><p>
Sales in the UK increased by 5% to &pound;24.4m for the year to end...

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.


Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to thebookseller.com (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now