Year’s End: ‘Constant access to large catalogues of ebooks’ is credited with digital subscriptions’ popularity during the pandemic.
As Russia’s coronavirus numbers hit record levels, booksellers are taking a protracted hit, not eased by rumors of new lockdowns and surging statistics.
Eased restrictions in Russia have yet to result in a return of sales for the publishing industry. Some 40 percent of bookstores remain closed.
The Russian market’s book publishing sector has been designated by the state as eligible for special financial support during the pandemic.
As much as 75 percent of the Russian book industry’s usual domestic profits may be lost during the closures of physical bookstores in the pandemic.
With ongoing operations in Europe and North America, the Russian children’s book publisher will focus in 2020 on Japan, China, and Vietnam.
A new location for the Non/Fiction Book Fair in Moscow brings higher book sales, international contacts, and a look at the top Russian books of 2019.
Berlin-based Dom Publishers has built its own distribution and sales network in Russia to navigate local regulations and market dynamics.
Opening a new focus in his career, author Dmitry Glukhovsky’s stage and screen adaptations of his Putin-putdown ‘Text’ are finding fast traction.
Even as many parts of Europe have seen an easing of VAT rates on digital reading, Moscow is planning to raise its tax rate on books.