Waste not, want not is as true a maxim today as it ever was. In a period of secular stress, with the society around you changing in major ways, your institution’s survival may well turn on how well you manage your always scarce resources. Now, in answer to your question, I think there is a lesson for colleges and universities from Britannica’s evolution through the dawn of the digital age. Britannica may no longer be publishing its bunch of books, but streaming its bunch of electrons along cables and through the ether like that isn’t chopped liver, either. The print set’s prior audience absolutely pales in comparison to Britannica’s reach today. You may be astonished to learn that though the print set stopped being published after its 2010 copyright edition, Britannica’s internet publication now enjoys over seven billion page views annually, is available in over 20 languages and is used in more than 150 countries by more than 150 million students. I disagree with your conclusion that Britannica is “a shadow of its former self” because it stopped publishing the print edition.
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