OK. Here it is - the announcement about the new epublisher.
We are buying an incredible amount of fiction - and some nonfiction in the form of memoir - and an amazing number of short stories - one a day for both novels and stories. So there's plenty of room for writers to break in, and for established writers to try their hand at something they thought they might like to write.
We've already bought a number of books by non-erotica writers who had a "trunk novel" of erotica, meaning they had no idea where to send it and had written it for their own pleasure.
We've bought a ton of fiction from previously unpublished authors.
And there are a handful of authors we've groomed, who we think are really going to break out, but time will tell.
The other thing that's really exciting is that we're buying an amazing amount of cross genre material. This is such fertile ground.
I think the daily short story, with its combination of a small advance and a huge royalty, might prove to be the best market for erotic short stories out there, but, again, time will tell.
Of course, I am still agenting for my existing clients, whether they be erotica writers or true crime ones. It is amazing what you can get done in a 16 hour day! But I am loving every minute of it.
We've worked out a terrific system so there's no possible conflict of interest. Jenny Rappaport and Marsha Philitas, my two agent colleagues here at L. Perkins Agency, will be handling the day-to-day agent work with Ravenous, but I'll post more on that next week when all the details are worked out.
Of course, we're buying books from other agents too. We've already done a deal with the Harvey Klinger Agency for one of our launch books.
And we're finding gold in the unsoliciteds.
Finally, we just learned that ebook sales for the month of June (the most recent month for statistics) increased by 87% since the same period last year, so even though printed books will never disappear, digital publishing is undeniably the wave of the future. And we are ready to ride that wave...hop on board!
FOR IMMEDIATE RELEASE
Contact: Dalyn A. Miller
Dalyn Miller Public Relations
Literary Partners Group, Inc. Forms to Launch RAVENOUS ROMANCE™
Erotic romance publisher to provide high-quality, affordable content online
[Boston, MA, September 2, 2008] – Hollan Publishing, Inc. principals Holly Schmidt and Allan Penn have joined forces with literary agent Lori Perkins to form Literary Partners Group, Inc., which has announced the launch of Ravenous Romance™, an online publishing company. Ravenous Romance™ will publish daily novel-length erotic romances, as well as lunchtime “Hot Fling™” short stories in e-book and downloadable MP3 format. The company will offer content online at www.RavenousRomance.com beginning December 1, 2008.
Recognizing the shrinking margins and increasing obsolescence of print publishing in today’s market, LPG has leveraged their combined expertise and experience in the growing erotica and romance categories, and is taking them to the rapidly-expanding digital market. E-books and audiobooks are two of the strongest growth areas in publishing, as readers have begun to embrace the convenience of downloading material to smart phones, iPods, PDAs, personal computers, and various new-to-market electronic readers such as the Amazon Kindle and the Sony Reader.
Ravenous Romance™ will offer erotic romance – stories with strong plots and character development, but with steamy sex scenes and explicit descriptions of sexual encounters. The stories will feature strong, passionate heroines and plots that express a broad range of fantasies. Ravenous Romance™ will be a destination site for women, with erotica that celebrates female sexuality, and strong Web 2.0 community-building features.
“We’re not the first in this arena, but we have a competitive advantage due to our unique experience and our ability to price and market our product aggressively, without the channel conflict that characterizes the large trade publishers’ forays into e-books,” says publisher and co-founder Holly Schmidt, who also points out that none of their competitors offer both audiobooks and e-books, nor do they offer new material with the frequency that Ravenous Romance™ will. “We will succeed by producing exceptionally high-quality erotic fiction by award-winning writers and their protégées, and offering it to our readers at an extremely competitive price point. In today’s market, consumers want quality content at an affordable price, with a visually-appealing and user-friendly retail interface. That is what Ravenous Romance™ will deliver.”
Romance is the most popular genre in modern literature, generating $1.37 billion in net sales annually and accounting for 26.4% of all books sold. Demographically, 56% of romance readers are under age 44, and 74% have college degrees. Overall, these women are computer-literate and comfortable with new technologies. They are also voracious consumers, having read an average of nine romance novels each in 2006. Digital content offers a way for women to keep their interest in erotic romance discreet, portable, and affordable. Schmidt points out that e-publishing is also an eco-friendly alternative to the environmentally damaging nature of traditional mass market publishing. With thousands of new romance titles printed, warehoused, and shipped each year in the U.S. alone, the environmental impact is significant.
Visit Ravenous Romance™ online at www.RavenousRomance.com, where you can download a free Hot Fling™ and register to win an iPod Touch.
For more information or to request an interview with Literary Partners Group, please contact Dalyn A. Miller at 617-504-6869 or via email at Dalyn@DalynMillerPR.com.
About Literary Partners Group, Inc.
Holly Schmidt is a publishing executive with 15 years of experience in editorial, marketing, and sales. She joined forces with award-winning photographer Allan Penn to launch book packager Hollan Publishing, Inc. in 2006. Hollan creates innovative, visual non-fiction books, including those in the love and relationships category. Lori Perkins is an agent with over 20 years of experience selling erotica and an impressive stable of authors.