Stanford to cut Stanford Univ. Press

Just wow.

The Stanford press actually brings in about $5 million a year in book sales, a sum that is impressive compared to sales of many scholarly publishers. But it has also depended on support from the university, which in recent years has provided $1.7 million annually.

Provost Persis Drell told the Faculty Senate Thursday that the university was ending that funding. She cited a tight budget ahead, due to a smaller than anticipated payout coming from the endowment. (The endowment is worth more than $26 billion and is the fourth largest in American higher education.)

Stanford publishes about 130 books a year. It is particularly well-known in the fields of Middle Eastern studies, Jewish studies, business, literature and philosophy. The press has also been capable of undertaking long-term scholarly efforts, such as a 20-year project to translate the Zohar, the key work in understanding the Jewish thought of the Kabbalah.

Source: Stanford moves to stop providing funds to its university press

Posted by Sam Harrelson

I'm the head of Harrelson, where we work with churches, nonprofits, and businesses on marketing strategy and consulting. This has been my personal blog about marketing, tech, religion, art, history, scifi, family, and life in general since 2006.

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