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Encyclopædia Britannica, Inc.'s headquarters at the Reid, Murdoch & Co. Building in Chicago. In 1996, Britannica was sold to an investment group led by Jacob E. Safra, a Switzerland-based financier. [4] He restructured the company, laying off more than 120 people including many of the company's top employees.
In January 1996, the Britannica was purchased from the Benton Foundation by billionaire Swiss financier Jacqui Safra, [99] who serves as its current chair of the board. In 1997, Don Yannias, a long-time associate and investment advisor of Safra, became CEO of Encyclopædia Britannica, Inc. [100]
Encyclopædia Britannica, Inc. initially owned Compton's Encyclopedia from 1961 to 1993, and later reacquired it in 2002. Britannica had sold its Compton's interests to the Tribune Company in 1993, and for a time Compton's Encyclopedia was a product of The Learning Company, which purchased Broderbund in 1998.
Robert Dale McHenry (born April 30, 1945) [1] is an American editor, encyclopedist, philanthropist and writer.McHenry worked from 1967 for Encyclopædia Britannica Inc. or associated companies, becoming editor-in-chief of the Encyclopædia Britannica in 1992, a position he held until 1997.
Advertisement for Encyclopædia Britannica, 1913. The Encyclopædia Britannica has been published continuously since 1768, appearing in fifteen official editions. Several editions have been amended with multi-volume "supplements" (third, fifth/sixth), consisted of previous editions with added supplements (10th, and 12th/13th) or gone drastic re-organizations (15th).
Weedon's Modern Encyclopedia (1931) a non-Britannica publication that was bought out and repackaged by Britannica as Britannica Junior (1934) Great Books of the Western World (1952) Children's Britannica (1960) aimed at ages seven to 14. Gateway to the Great Books (1963) Young Children's Encyclopaedia (1970) for children just learning to read
The company that became encyclopedia publisher Grolier Incorporated was founded by Walter M. Jackson (1863–1923) as the Grolier Society. [3] [4] Jackson had been the partner of Horace Everett Hooper in publishing the 10th edition of the Encyclopædia Britannica and in developing its 11th edition.
In 1943 Benton asked Mortimer J. Adler and Robert Hutchins to edit a set of great books to be published by Encyclopædia Britannica, Inc.; the 52-volume set of Great Books of the Western World was published in 1952. [6] Benton established the Benton Foundation. The William Benton Museum of Art is named in his honor.
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