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The End of an Era

The End of an Era In March 2012, 244 years after it was first published, Jorge Cauz, president of Encyclopaedia Britannica, Inc. announced that the current print edition of the famous encyclopaedia would be its last. Once the remaining stock is sold out, the oldest english-language encyclopaedia will only be available in digital form. 1771 Q THE FIRST COMPLETE EDITION OF EB IS PUBLISHED 1932 O EB IS DISTRIBUTED BY DOOR-TO-DOOR SALESMEN IN THE U.S. 1981 O FIRST DIGITAL EDITION OF EB FOR LEXISNEXIS 1994 O BRITANNICA ONLINE MAKES IST DEBUT; FIRST FULL CD-ROM EDITION IS PUBLISHED 2000 O FIRST MOBILE VERSION OF EB (PALM VID 2011 O EB APP OFFERS FULL DIGITAL ACCESS FROM APPLE DEVICES 2012 O EB PRINT EDITION DISCONTINUED LET'S SEE WHAT LED TO THIS DECISION: Sales of the Encyclopaedia's print edition have dropped from 120,000 in 1990 to 40,000 in 1996 and 8,000 since 2009. Since the 2010 version of the 15th edition of Encyclopaedia Britan- nica was released in June 2009, 8,000 sets have been sold, genera- ting $11 million in revenue. Meanwhile, the Wikimedia foundation collected more than $60 million in contributions to fund Wikipedia and its other projects. Revenue breakdown of EB, Inc. Price <1% PRINT PRINT EDITION $1,395 IPAD EDITION $1.99 a month ONLINE SUBSCRIPTION $70 a year 15% ONLINE SUBSCRIPTIONS WIKIPEDIA Free 85% Articles in the latest edition of EB O 65,000 CURRICULUM PRODUCTS English articles on Wikipedia 3,890,000 129 The 32 volumes of the 15th edition of Encyclopaedia Britannica weigh 129 pounds. An iPad weighs 1.44 pounds... POUNDS Contributors ENCYCLOPAEDIA BRITANNICA WIKIPEDIA 4,000 751,426 including 110 Nobel Prize winners and 5 U.S. presidents including your neighbor Sources: NYTimes.com, statista ©Eative commons Wikimedia Foundation, Encyclopaedia Britannica, Inc. Encyclopaedia Britannica

The End of an Era

shared by Statista on Mar 20
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Encyclopaedia Britannica, the oldest english-language encyclopaedia, cancels its print edition after 244 years. Time to look at some numbers!

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