As we noted earlier in the month, third-quarter dealmaking in the US remained fairly strong even as the consumer marketplace wobbled, with total deal reports gaining slightly, despite a modest pullback from record spending a year ago. In the more concentrated five-week-plus pre-Frankfurt dealmaking, we see similar trends, with publisher spending a little stronger than during the third quarter, though still backing down just a bit from last year’s FBF period. As has been the case for some time, adult fiction continues to lead the market — particularly among publishers’ largest investments — while adult nonfiction and children’s books continue […]
