From The Bookseller:
An unprecedented wave of new-media players are descending on the London Book Fair, triggering a “dramatic explosion” in book-to-film/TV and audio deals.
Hannah Griffiths, head of literary acquisitions at production company All3Media, said the “exponential growth” in hours of airtime, owing to the rise of streaming platforms such as Netflix and Amazon Prime, marked an “optimistic moment” for the trade. She added: “It’s like if five major dedicated book chains opened up in Britain tomorrow, each needing to fill the shelves… and with loads of money to spend on stock.”
. . . .
Katie McCalmont, Netflix’s literary scout in the UK at Maria B Campbell Associates, said the number of new-media buyers had gone up “big time”, in tandem with “a blurring of boundaries” between different media. She said the climate was “a huge opportunity” for publishers and agents.
Link to the rest at The Bookseller