Encyclopædia Britannica
The "Britannica" is the English-language encyclopaedia/encyclopedia that was in print for the longest time: it lasted 244 years. It was first published between 1768 and 1771 in the Scottish capital of Edinburgh, as three volumes. (This first edition is available in facsimile.) The encyclopaedia grew in size: the second edition was 10 volumes, and by its fourth edition (1801–1810) it had expanded to 20 volumes. Its rising stature as a scholarly work helped recruit eminent contributors, and the 9th (1875–1889) and 11th editions (1911) are landmark encyclopaedias for scholarship and literary style. Beginning with the 11th edition and following its acquisition by an American firm, the "Britannica" shortened and simplified articles to broaden its appeal to the North American market. In 1933, the "Britannica" became the first encyclopaedia to adopt "continuous revision", in which the encyclopaedia is continually reprinted, with every article updated on a schedule. In March 2012, Encyclopædia Britannica, Inc. announced it would no longer publish printed editions, and would focus instead on "Encyclopædia Britannica Online".
Encyclopædia Britannica
In the fifth era (1994–present), digital versions have been developed and released on optical media and online. In 1996, the "Britannica" was bought by Jacqui Safra at well below its estimated value, owing to the company's financial difficulties. Encyclopædia Britannica, Inc. split in 1999. One part retained the company name and developed the print version, and the other, Britannica.com Inc., developed digital versions. Since 2001, the two companies have shared a CEO, Ilan Yeshua, who has continued Powell's strategy of introducing new products with the "Britannica" name. In March 2012, Britannica's president, Jorge Cauz, announced that it would not produce any new print editions of the encyclopaedia, with the 2010 15th edition being the last. The company will focus only on the online edition and other educational tools.