As was the case in the second quarter, dealmaking reflects a tale of two markets, as adult sales remain strong while children’s sales continue to struggle mightily, falling over 17 percent. But the overall effect was unmistakable, as total reported US deals declined 12 percent, compared to a record quarter a year ago. On the surface adult sales remained at a five-year high for the period, thanks to fiction, up 13.6 percent and now near parity with nonfiction deals. But those sales were boosted by our integration of mature digital publishers into the general categories at the beginning of this […]
