New research finds a growing appetite for Australian books overseas, with increased demand in China

13.7% of deals were for Chinese translations. shutterstock

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This is the first major attempt to measure the scale of Australia’s international book rights sales. Advances from them deliver a total of around $10 million each year to Australian writers, providing a valuable additional income stream.

Large, medium and even small Australian publishers are negotiating rights deals for their authors, and Australian literary agents are an established part of the international scene.

The success is across a broad range of genres including crime, romance, action thriller, contemporary women’s fiction, self-help and literary fiction.

Rights management involves a seller (who could be a publisher, literary agent or author) licensing the right to make and sell copies of a print, ebook or audiobook, and adaptation rights such as television, film and theatre.

63% of senior agents and publishers told us they felt there had been an increase in international interest in Australian authored books over the ten-year sample period.

Our findings include a report and case studies that aim to shed light on this important commercial and cultural aspect of the book industry.

The kids are alright

Titles aimed at younger readers (picture books up to young adult) were very popular with overseas buyers.

The reasons are not entirely clear: ultimately, the books themselves must work on their own terms in overseas markets. In addition to well-known series such as the Treehouse books by Andy Griffiths and Terry Denton, Judith Rossell’s books featuring Stella Montgomery, and John Flanagan’s Ranger’s Apprentice and Brotherband adventure series, there are hundreds of lower-profile titles which have “travelled”. The decades-long expertise of Australian authors, publishers and agents in specialist children’s genres (often overlooked in the industry before the success of the Harry Potter series) is also likely to be a factor. Deal-making Since the 1980s, Australian publishers and literary agents have quietly been building international networks based on years of attendance at key book fairs in Frankfurt, Bologna, New York, London and more recently, Shanghai. These fairs, along with welcoming delegations of publishing executives and other strategies, help them find exactly who might be receptive to a pitch about their latest Australian books. As Libby O’Donnell, Head of International Rights and International Business Development at HarperCollins Australia, puts it, “Every book can potentially have some readers overseas but not every book can have a market overseas that makes it viable to publish.” While attendance at book fairs and personal relationships are key to successful deals, we observed different models of deal-making. O’Donnell was involved in international auctions for Trent Dalton’s Boy Swallows Universe and Meg Mason’s Sorrow and Bliss. A theatrical production of Boy Swallows Universe at QPAC. David Kelly Read more: Boy Swallows Universe: theatrical adaptation of hit novel blends pain with nostalgia to astonishing effect She describes developing a carefully timed international campaign to draw out the biggest bids for these books. Six groups competed for the television rights to Boy Swallows Universe. But rights sellers who work for some of the largest Australian publishers also described their passion for finding overseas publishers for books with less commercial potential. For Ivor Indyk at the highly respected literary press, Giramondo Publishing, it’s about forming alliances with like-minded literary publishers enabling overseas publication of Australian books that may become part of a literary canon. Although publishers and agents benefit financially and in terms of prestige, ultimately, the biggest beneficiaries are authors. For most authors, the majority of their income will be from the Australia and New Zealand market. Rights income is “icing on the cake”. A small proportion of Australian authors can live off their rights income, or sell substantially more books overseas than here. But most authors are excited by the opportunity to have their work read and appreciated overseas; offering another income stream and enhancing their international reputations. However, the pandemic has hit the international book industry hard – with international travel on hold for so long. Our report recommends initiatives such as mentoring arrangements and continued investment by industry and government in outgoing and incoming trade delegations (including to key book fairs). This will be more important than ever as publishers and agents re-establish connections after a hiatus of nearly two years. Authors: Paul Crosby, Lecturer, Department of Economics, Macquarie University

Read more https://theconversation.com/new-research-finds-a-growing-appetite-for-australian-books-overseas-with-increased-demand-in-china-170015

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