If you're a writer today, looks like yong adult is the place to be. There's a great Wall Street Journal article today about Borders launching teen bookstores within their larger bookstores. Apparently, the numbers support cannabalizing the dying CD sections for teen books:
"At a time when book retailing is slumping, young-adult titles and graphic novels are still delivering growth. Albert N. Greco, a professor at the Fordham University's Graduate School of Business Administration who studies the book industry, estimates that young-adult fiction, fantasy and science fiction will generate $744.3 million in U.S. publisher revenue this year, up 13% from $659.1 million in 2008. That compares with U.S. publisher revenue of an estimated $9.73 billion for consumer books as a whole, a 4.7% decline from 2008's sales, according to Mr. Greco."
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6 comments:
Whoopee!
That's seriously inspiring!
Thank you!
YAY for YA! :) I don't know what it is, but there is something magical about young adult. I think I'll still be reading it when I'm in my old lady rocker. Or when I'm off the rocker. Something like that.
Hooray Ann Arbor, Michigan. You make me proud.
I can't wait to see the Christy Raedeke display next to JK Rowling.
dgb
YAY YA!!!
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