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Saturday, July 11, 2009

Economic Troubles for Book Trade in Spain

The economic crisis has reached the world of culture and is severely affecting the Spanish publishing industry, whose sales fell in the first half of the year by 6 percent relative to the same period of 2008.

The decline was even sharper in terms of book exports, which dropped by 10 percent.

“The situation is serious and is forcing us to reconsider tactics and strategies,” Antonio Maria Avila, executive director of the FGEE publishers federation, said Friday in presenting a report on the domestic and foreign book trade and book-reading and book-buying habits in Spain for 2008.

link: Latin American Herald Tribune - Crisis Provokes Sharp Drop in Book Sales in Spain


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