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Tuesday, March 20, 2012
Encyclopedia Britannica to stop printing books - Julianne Pepitone, CNN Money
After 244 years, Encyclopedia Britannica will cease production of its iconic multi-volume book sets. Britannica usually prints a new set of the tomes every two years, but 2010's 32-volume set will be its last. Instead, the company will focus solely on its digital encyclopedia and education tools. "Everyone will want to call this the end of an era, and I understand that," Cauz says. "But there's no sad moment for us. I think outsiders are more nostalgic about the books than I am." In truth, Cauz says, the death knell sounded long ago. Though the name "Britannica" calls the print sets to mind, Cauz says they represent less than 1% of the company's total sales.