A fascinating and scary article for writers and readers alike:
Literary fiction in crisis as sales drop dramatically, Arts Council England reports
New figures show that fewer UK writers earn enough to live on, as ACE blames falling sales of literary fiction on the recession and the rise of smartphones

Chris The Story Reading Ape's Blog

By Claire Armitstead  on The Guardian

Finally it’s official: literary fiction is in crisis, and writers across the land are burning the midnight oil in their garrets, teaching or slogging away in unrelated jobs to keep the fire ablaze in the grate. This Dickensian picture was revealed by Arts Council England today in a report that suggests it may have to shift its funding priorities in order to save a population whose economic and cultural solvency has been chipped away over the years.

So why has it come to this, and how much does it really matter? The first thing to be clear about is that people are not necessarily reading less – print sales of books across fiction, nonfiction and children’s titles rose almost 9% in the UK last year, while on Tuesday market analysts Nielsen BookScan will reveal that sales over the all-important Christmas period have risen 20%…

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