The Encyclopedia Britannica officially announced it would scrap its print edition on Tuesday in the face of plummeting sales. For many, this was a foregone conclusion. In a world of infinite and instant knowledge, the idea of owning a $1,395 32-volume hardcover library that’s outdated the moment you crease the spine is laughable.
 
Wikipedia certainly had a hand in Britannica’s print death knell. The crowd-powered reference site is arguably the greatest knowledge experiment civilization has ever seen. And while its critics are the first to point out its unreliability, advocates would counter that a self-correcting collective is more reliable and scalable than a room full of scholars.

Our friends at Statista have taken a look at the economics of Wikipedia and Britannica. The timeline and stats below give a good overview of how these two sources diverge, and the inevitable dominance of the web.