Sleeper bestseller “50 Shades of Grey” may be bringing new attention to erotic fiction, but the economics of erotica are black and white.
The 29th annual Romantic Times Booklovers Convention is taking place from April 11th to April 15th just outside of Chicago, and organizers say it’s the biggest ever with 2,000 industry insiders and readers in attendance.
Romance is the best-selling fiction genre, raking in $1.4 billion annually, and sales in sub-category erotica are hotter than ever.
Books-A-Million fiction buyer Margaret Terwey says her company has seen a 40 percent bump in erotic book sales since the release of the initially self-published surprise hit “50 Shades of Grey” by first-time British author E. L. James. Many credit the book with bringing “mommy porn” to the forefront, pulling in a whole new consumer to the genre.