"I've been wondering which route to take with my own writing lately and these links were very interesting to come across. My debut novel, Shine, Coconut Moon (McElderry, 2009) released to rave reviews, has received enthusiastic support from the teacher and librarian communities and is holding its own vis-a-vis sales, considering it was one of the quieter releases last year. But publishers have become increasingly risk-averse over the past few years. I sold Shine in 2007. My current project, a contemporary, realistic YA with elements of humour and romance is, according to editors, "too quiet," "too commercial," or it "won't stand out." The first and last translate to something many of us, particularly writers telling the stories of marginalized folks, have heard incessantly: "this won't sell," or "there is no market for this." It is something I'd heard over and over from both agents and editors about Shine."Read more...
I also link to a few different articles and posts. Here are some quotes . . .
From The Wall Street Journal:
"There will always be the lucky new author whose first novel ignites a hot auction. But more often today, many debut novels that would have won lucrative advances five years ago today are getting $15,000 or less, says Adam Chromy, a New York literary agent. Mr. Chromy was recently disappointed with the immediate response from editors for a debut novel he thought was exceptionally good.