Canelo / Arts Council England


Canelo / Arts Council England |


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Literature in the 21st Century report

Canelo / Arts Council England | 

13

   

Literature in the 21st Century: Understanding Models of Support for Literary Fiction

Hardback average selling prices

Genre fiction vs general hardback fiction ASP


Canelo / Arts Council England | 

14

   

Literature in the 21st Century: Understanding Models of Support for Literary Fiction

Paperbacks: total market ASP and fiction ASP

These graphs show fiction of all kinds consistently has a lower price 

than non-fiction, and tracks well beneath the TCM average for the 

price of books sold. The real damage can be seen when adjusted for 

inflation. Despite a recent uptick, this shows just how far behind book 

prices for fiction have fallen since 2001. The pattern is consistent across 

paperback and hardback fiction, and although General Fiction has been 

hit less hard than Genre Fiction, in both categories there is substantial 

loss of value per sale, which directly impinges on publisher revenues 

and author incomes. A huge amount of value is hence ‘missing’ from 

the sector thanks to flatlining prices amidst general inflation.


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