Hachette Livre now own a 25% of a Russian publisher

Hachette Livre now own a 25% (plus a share) interest in Azbooka-Atticu, one of Russia's larger publishers. The deal actually went down in back in March, but it was only announced this week.

Like any major publisher, Azbooka-Atticu are a conglomeration of various publishing houses and imprints and they produce around 1500 titles a year. They're based in Moscow, and until the sale 94.6% was owned by A&NN Group, which is controlled by Alexander Mamut. You might recognize the name Mamut; he just formed a group of investors and bought Waterstones.

This isn't much in the way of ebook news, but the name Azbooka caught my eye. It's also a brand of Russian (Ukrainian?) ebook readers, though it might not be related.

Curious fact: The word Azbooka iroughly translates as "alphabet".

via

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader: He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

1 Comment

  1. igorsk7 July, 2011

    Yes, “azbuka” is basically the direct translation of the word “alphabet” (az and buki are old names of the first two letters of the cyrillic alphabet). It’s a very common word in the context of books and the publisher has nothing to do with the Ukrainian device maker.

    Reply

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