"Eighty-five percent of our revenue comes from non-encyclopedia content - mostly from instructional and e-learning solutions," he said. Still, Cauz said the Britannica brand is strong in the digital space, but the focus goes beyond encyclopedia content. As services like Wikipedia gain steam, the idea of using a book to look up the history of, say, a presidential candidate seems rather quaint.
The end of the bound encyclopedias, which lined many bookshelves for years, is certainly a sign of the times. Britannica expects those remaining books to sell quickly. Twelve thousand copies of the last set were printed, although 4,000 still remain in inventory. Over 7 million sets of the bound books have been sold since 1768.
We decided to break the news now as it was time to release a new printed version," Jorge Cauz, the president of Encyclopaedia Britannica Inc., told ABC News. "This is a decision we have been contemplating for a few years. The digital option costs $70 a year, while the last printed version cost $1,400.īritannica has printed a new version of the reference books every two years the 2010 32-volume set will be the last. It will continue to publish a digital version, which can be accessed on its website and through its iPad, iPhone, and iPod Touch apps. Its publisher has announced that it will no longer be publishing the print version, and will stop selling it when current stock runs out. And now, 244 years later, it has been printed for the last time. The first Encyclopaedia Britannica was printed in 1768.
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