We study reducing subspaces for an analytic multiplication operator Mzn on the Bergman space L 2 a(Ar) of the annulus Ar, and we prove that Mzn has exactly 2 reducing subspaces. Furthermore, in contrast to what happens for the disk, the same is true for the Hardy space on the annulus. Finally, we extend the results to certain bilateral weighted shifts, and interpret the results in the context o...