“In a recession what people want is a happy ending.”
While most booksellers are struggling, Harlequin Enterprises, the queen of the romance world, reported that fourth-quarter earnings were up 32 percent over the same period a year earlier, the New York Times reports.
Romance readers have always tended to buy in much higher volumes than people who read other genres like literary fiction. So even though some romance readers may be cutting back – Sue Grimshaw, the romance buyer at Borders, says people are buying four or five instead of five or six books a week – they are still buying more than readers of other book categories.
I had no idea.