Russian E-Book Market Doubles in 2011 to $4.4 Million

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On a very small base, the Russian e-book market saw huge growth in 2011, according to a new study (E-Book Market in Russia Doubles in 2011):

Legal sales of e-books in Russia increased almost 2.3 times in 2011, marking a third year of explosive growth, though remaining modest in absolute terms, the Federal Press and Mass Media Agency said on Thursday.

Sales of digital books stood at 135 million rubles ($4.4 million) in 2011, compared to 60 million rubles in 2010 and 11 million rubles in 2008, the first year for which statistics are available, the agency said in an annual report on the book industry in Russia.

Read more at Ria Novosti. (h/t to INFOdocket)

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