Site map    |       Subscription    |     Russian

Archive

<< < July 2012 > >>
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
24 25 26 27 28 29
30 31          

23 July 2012

New chapter for Russia’s indie bookshops

As the country’s two biggest publishers join forces, small stores fight to keep independent publishing afloat.

Just off Moscow’s Tverskaya Ulitsa—home to the Ritz Carlton, Tiffany’s and some of the most expensive real estate in the world—there is a small yellow arch inscribed with the word “knigi” (books). Inside, Falanster has little decoration to speak of, save for a poster of Che Guevara by the cash register. Customers bump into each other as they wander through the small room. And everywhere—stacked in piles, spilling out of shelves—are books.

In May, Russia’s most powerful publisher, Eksmo, announced that it was acquiring its main competitor, AST. Eksmo and AST publications, which range from cookbooks to fantasy novels, account for around 40 percent of the Russian book market; in some areas, like fiction, their dominance is near-total.

Read more