Melbourne University Press was losing $1.25m a year
EDITOR'S NOTE: The High Court overturned Cardinal George Pell's conviction for historic child sex offences in a judgment handed down April 7, 2020. In a unanimous decision all seven High Court judges found Victoria's Court of Appeal should not have upheld Pell's conviction It found the evidence could not support a guilty verdict.
Melbourne University says its wholly owned subsidiary Melbourne University Press was costing it $1.25 million a year and had run deficits for 15 years, which was why the business had been restructured, prompting the resignation of high-profile chief executive Louise Adler.
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