Grolier Multimedia Encyclopedia 2000 Edition

  
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For other uses, see. Grolier Founded c. 1909 Founder Country of origin Headquarters location Publication types Official website Grolier is one of the largest U.S. Publishers of general encyclopedias, including (1910), (1966), The New Book of Popular Science (1972), (1945), (1980), and numerous incarnations of a CD-ROM encyclopedia (1986–2003). Grolier is an educational known for its presence in school libraries. It has a strong presence among parents of children under six years old, the target of Grolier's direct mail-to-the-home business. In June 2000 Grolier became part of, which now maintains Grolier Online.

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Contents • • • • • • • • • • History [ ] (1863–1923) was the founder of encyclopedia publisher Grolier, Inc., and he was the partner of in publishing the 10th edition of the and in developing its 11th edition. He split with Hooper in 1908-1909 in a nasty legal fight after failing to wrest control of the Britannica from Hooper. Jackson had founded the Grolier Society, which specialized in making extra-fine editions of classics and rare literature. The Society was named after the, which had been founded in 1884 to advance the arts involved in making books and which was named after a well-known French,.

Grolier Multimedia Encyclopedia 2000 Edition

After the split with Hooper he acquired the rights to publish the British under the name. Grolier, Inc. Subsequently became a large publisher of general encyclopaedias, including The Book of Knowledge (1910), The New Book of Knowledge (1966), the Encyclopedia Americana (1945), the Academic American Encyclopedia (1980), The New Grolier Electronic Encyclopedia (1985 CD-ROM), and the Grolier Multimedia Encyclopedia (1995). Grolier had a US$100 million international business, primarily located in the UK, Canada and Asia. It had 1999 revenues of $450 million and earnings of approximately $45 million, with $4.5 million in Internet revenues. By the late 1970s, Grolier has moved its operations to Danbury, Connecticut.

In 1988 Grolier was purchased by the French media company, which owned a well-known French-language encyclopedia, the Hachette Encyclopedia. Hachette was later absorbed by the French conglomerate the. In 1996, Grolier acquired the Chicago-based. Grolier was then purchased by for US$400 million in 2000. The new owners projected a 30% increase in operating income, although historically Grolier had experienced earnings of 7% to 8% on income. Staff reductions as a means of controlling costs followed soon thereafter, even while an effort was made to augment the sales force.