Spain Hikes E-book VAT to 21%, Likely Slowing Growth

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- Spain Hikes E-book VAT to 21%, Likely Slowing Growth
  
  1121 readersFrom Publishing Perspectives: The gap between print books and e-books has widened recently, since Spain’s Prime Minister Mariano Rajoy announced an increase in the VAT that affects e-books on July 11, among other unpopular austerity measures. Print books, on the other hand, continue to enjoy preferential status as ‘cultural goods,’ maintaining a VAT of 4%.
- Spain Hikes E-book VAT to 21%, Likely Slowing Growth
  
  811 readersBy Julieta Lionetti Antonio María Ávila The gap between print books and e-books has widened recently, since Spain’s Prime Minister Mariano Rajoy announced an increase in the VAT that affects e-books on July 11, among other unpopular austerity measures. Print books, on the other hand, continue to enjoy preferential status as “cultural goods,” maintaining a VAT of
- Newsrooms heat up in countries where ‘new austerity measures’ is the number one news item
  
  2123 readersTomorrow will be a day without print newspapers in Greece as journalists throughout the country protest continued austerity measures. A 24-hour walkout of newsrooms has meant that TV and radio news programs are missing today, and papers that would be produced today for publication tomorrow can not be created. Obviously the news blackout is not complete, otherwise
- The state of Spain’s ebook market
  
  1833 readers Publishing Perspectives has an overview article on the state of Spain’s ebook market: Spain’s e-book market got off to a slow start as consumers bemoaned the limited catalog available, the complexity of purchasing e-books, and the higher tax levied on them than on print editions — 18% compared with 4%. The panorama has changed radically in
- Morning Brief: Investors brace for another rocky week; report says ad spending up 3.2% in first half of year, but slowing; explosion reported at French nuclear power plant
  
  2971 readersMarkets in Europe are extremely weak again today as investors (and everyone else) worldwide continue to be concerned about the deteriorating economies of countries such as Greece. As of 8 EDT, the German Dax was down another three and a half percent, while the French CAC $0 was down nearly five percent. All markets, with the
- E-books will be subject to reduced VAT in France
  
  646 readersBy Siobhan O’Leary In several European countries, books are subject to a reduced VAT rate in light of their status as a “cultural” product. This has been complicated by the emergence of e-books, which tend to be viewe...
- Why Japan’s ebook market isn’t growing
  
  930 readersHiroki Kamata, the Editor of E-Book 2.0 Magazine, explains on Publishing Perspectives why, despite being a leader in technology and consumer electronics, Japan only has 30,000 Japanese language ebook titles available: Simply put, publishers continue to remain reluctant to convert their books into digital formats due to cost, as well as their own ongoing fears
- Will E-Publication Completely Replace Traditional Material Book?
  
  514 readers(via SBWire) Guangzhou, Guangdong — (SBWIRE) — 05/08/2013 — Any debate when it comes to the present struggle between electronic and traditional print publishing starts with this question, will e-publication completely replace traditional material book? As a digital publishing software provider, FlipPageMaker… Related Posts :Print Books vs. eBooks vs. enhanced eBooksPrint Books vs. eBooks vs. enhanced eBooks The
- Brazil Offers $35.5 Million in Grants for Literary Translations
  
  1194 readersThis week’s issue of PublishNews Brazil, a collaboration between Publishing Perspectives and Publish News, brings you all the latest news from the booming Brazilian book market, including: Fábio Lima coordinates the Translation Grants Program of the Brazilian National Library Translation Grants: How to Publish a Brazilian Author for Free (Almost) The Brazilian National Library Foundation established a translation grant program in July of
- AAP Reports eBook Sales up 72% in December
  
  875 readers The AAP released their estimates for the US book market for 2011, and it’s mixed news all around. eBook and audiobooks saw a nice bump in sales last year, but several of the print segments continue to decline. eBooks grew slightly over November 2011, closing out the year with an increase of 117% over 2010.