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.
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.
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.
Russian book publishers are considering signing on to a new anti-piracy memorandum of cooperation with major tech platforms.
In Russia, a government plan to provide lower-cost retail sites to independent booksellers at state cultural facilities may help smaller bookstores survive.
The 20th iteration of Russia’s ‘Non/Fiction’ Book Fair drew some 30,000 attendees, and readers showed strong interest in domestic authors and books on weighty topics.
With a combined 576 locations–and reported plans for domestic and international expansion–the Chitai-Gorod Bukvoed bookselling merger predicts strong 2018 sales.
New reporting in the Russian news media say that the educational sector’s large runs and distribution to the provinces help make textbooks attractive to organized crime.
In the Russian market, some see online retail as a key to future sales growth, while major chains are seeing good book sales in physical stores.
Marina Kameneva, head of Russia’s largest bookstore chain, Moscow Books, on the number of bookstores, book sales, and readers in Russia today.