In the estimation of LitRes chief Sergey Anuriev, ebooks could double as a factor in Russia’s market within two years and audiobooks are showing new strength as well. The prime challenge: piracy.
Reports in Russia describe a 60-percent growth in ebook sales last year, and analysts say digital formats may grow at 30 to 50 percent for years to come.
Amid debate about whether EPUB may not be more suitable, the key ebook retailer in Russia announces a move to a new version of the FictionBook format, .fb3.
Russia’s Eksmo-owned LitRes announces its goal to boost its current 7,000 audiobooks on offer to 50,000 of them—in five years.