Overall book sales in the Czech Republic are up as the number of new titles published declines slightly. Industry consolidation and a focus on high-performing books may be the cause.
A new tax law allows Czech companies to offer tax-deductible book vouchers to employees. Publishers are hoping for a boost in book sales and book prices.
Czech publishers see gains in 2016’s market performance but are concerned about stubbornly high VAT rates and falling book prices.