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He divided the company's operations into Britannica USA and Britannica International. In 1990, nearly 120,000 encyclopædias were sold in the United States, with sales for the year rising to $650 million. [3] By 1994, sales had slumped to $453 million, with only 51,000 sets being sold in the US.
He says the vast majority of encyclopedia sets carry retail values of less than $75. Single volumes (the “D” from a set of Britannicas, for example) sell for proportionately less. Beattie’s advice for would-be encyclopedia sellers? “I would initially assume they’re not worth very much,” he says.
Under the leadership of Jorge Cauz, Britannica and Merriam-Webster have been transformed from iconic print brands into two of the world’s largest and most trusted digital media platforms, serving a global audience of more than 150 million monthly users. In pre-K to 12 education, Jorge has led the development of curriculum solutions that ...
Encyclopaedia Britannica is the oldest English-language general encyclopedia. The Encyclopaedia Britannica was first published in 1768, when it began to appear in Edinburgh, and its first digital version debuted in 1981. In 1994 Britannica released the first Internet-based encyclopedia, and Britannica.com was launched in 1999. Britannica relies on outside experts and its own editors to write ...
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As of 2009, roughly 60% of Encyclopædia Britannica's revenue came from online operations, of which around 15% came from subscriptions to the consumer version of the websites. [38] As of 2006, subscriptions were available on a yearly, monthly or weekly basis. [39]
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Story by Bruce Gil. • 3d • 2 min read. More for You. The storied publisher behind the Merriam-Webster dictionary, Encyclopædia Britannica, is seeking a $1 billion valuation in its initial...
