University Presses Suffer Bleak Financial Year

Libraries cut purchases and bookstores return orders, leaving publishers way behind projected sales

No one wants to talk numbers, and they'd much prefer to discuss presses other than their own, but there's no getting around the fact that the financial year ending in June was the worst in recent memory for university-press publishing, industry sources say.

With few exceptions, university presses failed to meet their budgets for 2000-1, and large operations such as the University

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