For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260128:nRSb6127Qa&default-theme=true
RNS Number : 6127Q Bloomsbury Publishing PLC 28 January 2026
BLOOMSBURY PUBLISHING PLC
("Bloomsbury" or "the Company")
Bloomsbury implements strategy to grow Academic sales in Asia on the back of
dramatically increasing student numbers
Bloomsbury Publishing Plc (LSE: BMY), the leading independent publisher, is
pleased to announce the launch of a new base from which to publish for the
exploding number of university students in Asia with the opening of Bloomsbury
Singapore today. In line with the Bloomsbury 2030 vision, this geographic
expansion strengthens our portfolio of portfolios strategy and further
positions the business to benefit from growth in the region.
The World Bank estimates that global higher education students will grow from
264m in 2023 to 600m by 2040 with over 60% in Asia (Calderon, UNESCO). This
makes it a very attractive market for our academic publishing business and
Singapore will be our base to harness this huge growth in the region.
Together with our offices in India and Australia, it gives Bloomsbury a
strong platform to further grow sales across Asia.
The early focus of the Singapore office will be on expanding our direct
relationships with higher education institutions, and tailoring more content
for Asian markets, particularly to be delivered through Bloomsbury Digital
Resources.
Nigel Newton, Founder and Chief Executive of Bloomsbury Publishing commented:
"I am pleased to announce the opening of our new base in Singapore. Whilst we
have sold books and digital resources in Asia for many years, having an
editorial base in Singapore and tailored content will allow us to strengthen
local partnerships, expand our activity in the region and capitalise on the
growing student population. Singapore is a thriving and dynamic country, and
we are excited by the opportunities this new office will bring as our base for
Bloomsbury expansion throughout Asia."
For further information, please contact:
Bloomsbury Publishing Plc
Tamsin Garrity, Group Investor Relations Director tamsin.garrity@bloomsbury.com
Hudson Sandler
Dan de Belder / Hattie Dreyfus / Emily Brooker bloomsbury@hudsonsandler.com
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRAAKOBDOBKDKDB
Copyright 2019 Regulatory News Service, all rights reserved