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Rafael Yglesias's avatar

I’m tempted to say it’s because they don’t read my novels but self-pity is no substitute for analysis, although it’s often a starting point. My real belief is that the widespread study of literature in academia planted the seeds of its decline in a variety of ways, culturally and in the marketplace.

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Andrew Rickard's avatar

One number I never tire of quoting is that, according to the British Publishers Association, in 2023 the *median* first-year sell through rate for literary fiction in the UK was just 241 copies.

I’m no insider but I do know a little about the Canadian publishing business. I think it is telling that, a couple of years ago, Ontario dropped the requirement for companies to print at least 500 copies of a book in order to qualify for the provincial tax credit that keeps many small publishers afloat. I take this to mean that book sales in general are so poor that shifting 500 copies is unrealistic for most titles.

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