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.
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Russia’s Book Business Statistics Chief: Some Market Contraction
In Russia, book prices are rising as production and sales slow, according to figures cited by the 102-year-old Russian Book Chamber.
Russian Publishers Say Social Media Users May Read Audiobooks on VKontakte
VKontakte, the most popular social network in Russia with 100 million active users, is working with book publishers to offer audiobooks to its network as early as next month.
Comics and Graphic Novels: Interview with Russia’s Dmitry Yakovlev
The chief of St. Petersburg’s comics and graphic novels publisher Bumknigo says it’s unlikely the sector will find the traction it has in France or the US.
Russian Book Market Players Explore Digital Serialization
The growing popularity of ebooks in Russia is prompting some publishers to look at online serialization as an option for distribution and sales, both as an offer to consumers and to writers of works in progress.
Five Questions for Russia’s Boris Kuznetsov: Netflix and ‘Fashionable Reading’
Reading in Russia, says publisher Boris Kuznetsov, is ‘a fashionable and intellectual trend’ for a new generation of consumers—who may be watching Netflix.
Nonfiction Sales Growth in the Russian Book Market Expected to Continue This Year
Credited by some to a growing post-Soviet interest in authoritative information, the Russian book business reportedly sees substantial gains for nonfiction.
Interview: Leonid Palko of the Russian Book Union on ‘Distinctive Market Trends’
Talking with the Russian Book Union’s Leonid Palko, we learn that the three-point shape of the national book market appears to be shifting, and publishers are looking to adapt.
Russian Book Publishers Say Paper Costs, High Inventories, Are Limiting Production
In Russia’s book market, high bookstore inventory levels and rising paper prices are prompting publishers to consider cutting back on book production in 2019.
Russian Booksellers Say Online Retail Competition Is Gaining Fast
The share of online sales of books could be as high as 35 percent in the Russian market within five years, according to one executive.