The Encyclopaedia Britannica is going out of print

It was probably inevitable, but on Tuesday, it became official: the Encyclopaedia Britannica is finally going out of print. The news was confirmed yesterday by Jorge Cauz, president of Chicago-based Encyclopaedia Britannica Inc., who told the New York Times that his company has decided to completely abandon print operations, in favor of its online platform. The announcement marks the end of a remarkable 244-year run for Britannica and its leather-bound tomes, which at one point stood as a hallmark of middle class living rooms and libraries. In fact, it's been barely two decades since the company reached its high water mark, when it sold some 120,000 sets back in 1990. Once the internet came into full bloom, however, Britannica's sales soon plummeted. In 2010, the publisher sold just 8,000 sets, leaving an additional 4,000 unsold copies to gather dust in a warehouse.Tuesday's announcement may mark the end of an era, but Cauz seems to have come to terms with Britannica's decision, calling it a "rite of passage." He's also eager to devote more time to his company's website, which will look to chip away at Wikipedia's market hegemony. Cauz, however, believes the two platforms can (and must) co-exist, because they fill two different roles. "We cannot deal with every single cartoon character, we cannot deal with every love life of every celebrity," he explained. "But we need to have an alternative where facts really matter. Britannica won't be able to be as large, but it will... Continue reading at 'Engadget'

[ Engadget | 2012-03-14 00:00:00 UTC ]
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[ AdWeek | 2017-08-23 00:00:00 UTC ]
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The Village Voice Is Killing Off Its Print Edition

The Village Voice, the legendary New York alternative newsweekly, announced today that it's killing off its print edition. It will continue to publish online. Per a statement issued by the paper:The announcement comes as part of the ongoing effort by owner Peter Barbey, who purchased the Voice... Continue reading at Advertising Age

[ Advertising Age | 2017-08-22 00:00:00 UTC ]
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New Survey Shows Canadians Still Prefer Print Over Digital

The survey, published this month by Booknet Canada, found that Canadians prefer reading books in print. It also found that more are opting to do their reading on smartphones, or listen to audiobooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-22 00:00:00 UTC ]
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[ Publishers Weekly | 2017-08-11 00:00:00 UTC ]
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[ Folio Magazine | 2017-08-10 00:00:00 UTC ]
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Sales at Simon & Schuster grew 10% in the second quarter of 2017, hitting $206 million (£158m). Continue reading at The Bookseller

[ The Bookseller | 2017-08-09 00:00:00 UTC ]
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Woman’s Day ’80th Birthday Issue’ Showcases NASA Astronaut and 3D Printing

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[ AdWeek | 2017-08-01 00:00:00 UTC ]
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Industry Notes: Canada’s Shifts in Ebook and Print; London Book Fair Plans a Writer’s Digest Day

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Wicks dominates print in Amazon Summer Trends report

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[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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[ Folio Magazine | 2017-07-18 00:00:00 UTC ]
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[ AdWeek | 2017-07-13 00:00:00 UTC ]
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Travel print section returns Aug. 20; check here for fresh stories during redesign

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[ Los Angeles Times | 2017-07-11 00:00:00 UTC ]
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[ Publishers Weekly | 2017-07-07 00:00:00 UTC ]
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[ Publishers Weekly | 2017-07-06 00:00:00 UTC ]
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[ The Guardian | 2017-07-05 00:00:00 UTC ]
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PRH buys literary merchandise company Out of Print

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