The prosperity that some in the Russian book industry thought was rising this year may be headed in the other direction, if the expected rise in book VAT becomes a reality.
With what’s described as a waning summer-reading habit since the end of the Soviet era, Russian government officials say they’re working on a new program to promote vacation reading both for youngsters and adults this year.
Despite reported closures of publishers in Ukraine, some say the ban on Russian literature will trigger a new boom in Ukrainian texts which, along with state orders for books, could prompt an upturn in the beleaguered market.
Some Russian publishers say that if piracy can be controlled, print can double its market share within years. Others caution that taxes and over-reliance on outdated authors is hampering growth.
Book fairs can find themselves in the middle of shifting geopolitics. At the just-closed Salon du Livre in Paris, the French president sidestepped a visit to Russia’s Country of Honor stand.
Looking to increase its foreign rights sales, Eksmo-AST’s incoming general director says the company will go to the Frankfurter Buchmesse this year with a big list of children’s and literary titles.
Russian publisher Prosveshchenie accuses Ventana-Graf of wrongfully using its logo on thousands of textbooks—and that those books are therefore ‘counterfeit.’
Returning children’s regulation to the country’s science and culture ministry—and developing books under state control—Russia proposes a new tack.
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.
As sales of nonfiction books increase in Russia, the country’s largest publisher, Eksmo-AST, opens a new nonfiction imprint, Bombora, to meet this demand.