That's the question posed recently in Publishing Perspectives.
From the piece...
If the supply (books published) and the demand (books adapted) were stacked side-by-side, the adaptations stack would rise to the height of a good-sized film/TV rights agent while the titles available to be discovered would rise to twice the height of the Empire State Building (including the antenna atop the needle). Bowker (“Book Industry Report, New Book Titles & Editions, 2002-2009”) calculates the supply side: 45,181 new works of fiction in 2009—about a 125 books a day hit the shelves; Hollywood financial data purveyor Nash Information Services (the-numbers.com) sketches the demand: about a hundred books a year hit the screens. From its listing of “Top-Grossing Movie Sources,” books, short stories, comics, graphic novels, legends, fairy tales and “factual” books together tally up to 29% of the Box Office bonanza — about $3.5 billion per year*. Is this surfeit of literature boon or bane to those who must winnow and pluck then package and present the film/TV rights offerings to that most exacting of marketplaces — Hollywood?
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