Britannica.com Rediscovers its Roots

Published: 14 June 2001 y., Thursday
Three years ago, Encyclopaedia Britannica Inc. launched a full-scale assault on the Internet. Determined to regain its lead in an age gone digital, the venerable Chicago-based company (which incidentally is older than the United States of America) poured its resources into various Web efforts. By the fall of 1999, Encyclopaedia Britannica created a free Britannica Web site to complement its online encyclopedia, which was first introduced in 1994. And, with pseudo-intellectual entreprenuers and day-trading VCs deeming content aggregators in fashion at the time, the company turned to aggregating the content as opposed to creating it. Consequently, in lieu of its stoic publishing business, the company poured more time and money into an online directory service that was later dubbed "eBLAST." But even after pumping tens of millions of dollars into its online efforts, Encyclopaedia Britannica faced difficulties warding off the onslaught of the computer-savvy -- new competitors like Microsoft sales reps who were armed with their $50 Encarta CD-ROMs. The site, itself, encountered technical problems as well as the scrutiny of critics who were eager to denounce the company's efforts. And eBLAST has since been discontinued. Today, Encyclopaedia Britannica announced it will resume printing of its world-renowned 32-volume encyclopedia in the fall of this year -- the first published revision since 1998.
Šaltinis: internetnews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Lithuania bank approves plan to adopt euro

The Bank of Lithuania, the Baltic country's central bank, said Thursday that it had approved a plan to replace the litas, Lithuania's national currency, with the euro more »

An affirmation of short and long-term foreign currency ratings

Capital Intelligence affirms rating for Parex banka with a positive outlook more »

Georgian parliament approves tax amnesty

The Georgian parliament has approved the bill on tax amnesty at a meeting today more »

Bulgarian Shareholders Raj Bank Stripped of Licence Conclusively

The National Bank of Serbia (NBS) has definitively revoked the licence of Raj Bank more »

Russia's Rosneft new owner of main Yukos subsidiary

Russian state oil company Rosneft has become the new owner of Yuganskneftegaz by buying 100 percent of the shares of previously unknown Baikalfinansgroup more »

The Trade Turnover between Russia and Belarus

VOLUME OF TRADE BETWEEN RUSSIA AND BELARUS MIGHT EXCEED $16 BILLION BY THE END OF 2004 more »

EU court upholds sanctions against Microsoft

A Luxembourg-based European courton Wednesday turned down an appeal by Microsoft to delay sanctions imposed on the software giant by the European Commission more »

European bourses press suit on London Stock Exchange

Deutsche Börse and Euronext stepped up their wooing of the London Stock Exchange yesterday after holding separate meetings with its chief executive more »

Gazprom to acquire Yuganskneftegaz buyer

YUKOS’ major asset, Yuganskneftegaz, the sale of which was long disputed, is no more YUKOS’ subsidiary as yesterday it was sold by bailiffs to secure the recovery of overdue taxes more »

Yukos asset sold to mystery bidder

The main production unit of embattled Russian oil giant Yukos has been forcibly auctioned off more »