1996-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
00:00
The End of Direct Distribution Unit Sales of Encyclopedias
Encyclopedia Britannica announced the cessation of direct distribution unit sales. Encardas probably I'm sure has sold many, many millions of units bundled with a new encyclopedia. There are some indications that we may be able to make money in that business but with a different cost structure than before.
Transcript
Play full episode
