Friday, December 17, 2021

A few facts about romance novels

Did you know that...?

  • Romance novels keep most of the publishing industry in business. There would be no literary fiction without romance novels paying the bills.
  • Romance novels create $1.08 billion a year in revenue and account for 34% of the total fiction market in the United States.
  • The romance novel industry is about the size of the mystery novel genre and science fiction/fantasy genre markets combined.
  • Annually, one-third of all mass market fiction books sold are romance novels.
  • In 2014, Nielson data reported that 39 percent of all ebooks sold were romance novels—a number that continues to grow each year.
  • Unsurprisingly, romance novel sales have boomed since the start of the pandemic. According to Nielsen Book Scan, in March 2021 romance novels showed a 24% increase in sales over the previous year.
  • Many prestigious colleges and universities now include romance novels in their literature courses, including the University of Sussex, Duke University and Yale University.
  • Romance novels frequently top the major bestseller lists. This past week, two of the top 10 books on the UK's Sunday Times bestseller list (that's one fifth!) were Romances.
  • More than 70 million people in the USA alone read at least one romance novel per year.
  • Romance novels are not written by (or for) bored housewives. Romance writers (and readers) come from every walk of life, including lawyers, doctors, academics, graphic designers, teachers...and SAH moms.