Financial aspects of publishing the Sovremennik magazine by Alexander Pushkin in 1836

Keywords: costs, income, break-even sales, magazine, literature

Abstract

Subject. In 1836, Alexander Pushkin launched the literary and socio-political magazine Sovremennik, where he published his own works and works by representatives of the “golden age” of Russian literature. There is still no consensus among Pushkin scholars about the financial result of this enterprise: some authors believe it operated at a loss, while others, on the contrary, think it was profitable. These disputes are caused by the lack of systematic records on the costs of publishing and sales of the magazine. Since Alexander Pushkin himself noted that Sovremennik was launched mostly for financial reasons, the reconstruction of his economic calculations regarding this publishing project is of scientific interest.
Objectives. The purpose of this study is to determine the financial model of the publishing the Sovremennik magazine in 1836 and to assess the estimated volume of sales of the magazine taking into account the absence of documentary evidence.
Methods. To achieve these goals, we used historical and logical approaches, modelling, analysis, synthesis, analogy, and a number of other methods. The database of the study consisted of letters from Alexander Pushkin and his contemporaries, accounts, receipts, estimated calculations, and other documents related to the publication of the magazine in 1836, as well as later years.
Results. We presented the author’s reconstruction of the financial plan for the publication of the Sovremennik magazine in 1836, including the costs of remuneration for the publisher and authors, paper, printing, and bookbinding costs, commission payments to booksellers, and planned revenue. Based on archived documents, an assessment of the estimated sales volume of the magazine for 1836 was presented.
Conclusions. To preserve Pushkin’s heritage, it is important to apply an integrated approach to the study of the poet’s work and biography. In modern science, there is a shortage of research on the economic aspects of Pushkin’s publishing activities. The calculations, conclusions, and documents presented in the article are proposed by the author in order to continue the scientific discussion about the financial results of Pushkin’s Sovremennik magazine.

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Author Biography

Irina V. Panina, Voronezh State University

Cand. Sci. (Econ.), Assoc. Prof.

References

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Published
2024-12-31
How to Cite
Panina, I. V. (2024). Financial aspects of publishing the Sovremennik magazine by Alexander Pushkin in 1836. Eurasian Journal of Economics and Management, (4), 51-64. https://doi.org/10.17308/econ.2024.4/12530
Section
Accounting, statistics

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