Wednesday, March 14, 2012

Encyclopaedia Britannica to Cease Printing Encyclopedias

This is probably going to be a collector's item. This is going to be as rare as the first edition, because the last print run of our last copyright was one of the smallest print runs.
~Jorge Cauz, 50, president of Encyclopedia Britannica


Lucky you! You can buy a set of these highly prized volumes for only $1395 - a real bargain considering the president of the company is sure the set will be collectible because no one wants to buy it... Wait a minute. What?

Encyclopaedia Britannica was founded in Scotland in 1768. The company has been located in Chicago since 1935. The last set was printed in 2010 and approximately 8000 of those have been sold, leaving 4000 of the 32 volume 129 lb sets available for sale.

Sales declined from $650 million in 1990 to $405 million in 1995. In 1996, after 60 years of selling door-to-door, Encyclopedia Britannica stopped the practice completely and dramatically, laying off it's entire US and Canada sales force.


Note: The company will continue to be a source of facts and knowledge on the internet where most of their business has already shifted.

Something else I learned: There are 6 types of volcano eruptions classified by size and shape. The types are: Icelandic, Hawaiian, Strombolian, Vulcanian, Pelean, and Plinian

4 comments:

  1. Many years ago, I was a receptionist at EB in Detroit. It was fun. The sales reps earned lots of money on each sale.

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  2. Nothing better than having the hard copy. Flipping the pages to find your given topic.
    To me it is very odd going into homes that do not have any books or magazines. Just seems so empty and sterile. I love the internet, but having a book in your hands is much more real to me.

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  3. you're welcome. we'll see how it works out.

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  4. @Julie - I agree completely! I love the internet, but I love books more!

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