Currency key for many at FBF '16

Currency key for many at FBF '16

Publishers and agents haggled over the currency book deals would be struck in at Frankfurt, as the falling value of sterling became a factor in whether deals were concluded in euros or US dollars rather than sterling.

Agent Lorella Belli said that she found foreign publishers were “very happy” to buy books in sterling, as the weak pound makes them relatively inexpensive, and noticed that “more people are asking to do deals in sterling where you would have done deals in euros before”. However, agents wanted to sell books in the stronger (euro) currency, Belli added. “It is a really big diff...

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