Celebrity memoirs are past their prime, according to Charlie Redmayne, the CEO of HarperCollins UK. After a slump in sales in books written by famous people, the publisher admits that they are acquiring less of these titles.
The Daily Mail has more: ”He claims their profits are now ‘hit and miss’ – and says even those expected to do well, written by some of the country’s biggest names, are failing to match expectations. ‘A lot of books were bought last year for large amounts of money which just didn’t do the numbers at all.”
The Guardian explored the stats and pointed out that according to Nielsen BookScan, sales of autobiographies and memoirs are down about 4 percent this year over last year.