Alloy Entertainment has competition: Paper Lantern

You’ve probably heard of Lauren Oliver, author of Before I Fall (I loved it) and Delirium (I couldn’t believe that people would ever agree that love was a madness that needed to be cured).

But Lauren Oliver’s real name is Laura Schechter. And she’s formed a book development company with former Harper Collins editor Lexa Hillyer. Business Week reports, “The duo have so far sold 20 young adult novels and struck a deal with Fox 2000 Pictures that gives the production studio first dibs on optioning their titles for films.”

Here are three of their deals from Publisher’s Marketplace:
August 25, 2011
Debut author Lanie Bross's FATES, the story of an Executor sent to earth to bring about human destinies, who finds herself unaccountably experiencing human emotions, leading to an epic romance set across multiple worlds, to Wendy Loggia at Delacorte, in a significant deal, in a pre-empt, in a two-book deal, by Stephen Barbara at Foundry Literary + Media, on behalf of Paper Lantern Lit.
 
March 16, 2011
Ellie Rollins's ZIP, pitched as an Odyssey-inspired magical realist story of an eleven-year-old girl who sets off on her scooter on a cross-country quest to save her childhood home, to Laura Arnold at Razorbill, in a two-book deal, for publication in fall 2012, by Stephen Barbara at Foundry Literary + Media on behalf of Paper Lantern Lit (NA).
 
February 14, 2011
Debut author Fiona Paul's VENOM, first of the DARK WATERS young adult trilogy, set in Renaissance Venice and following a 15-year-old girl who gets swept up in a seductive underground world of bohemian artists, grave robbers, and murderers, pitched as a cross between Philippa Gregory and Edgar Allan Poe, to Jill Santopolo at Philomel, in a major deal, at auction, by Stephen Barbara at Foundry Literary + Media on behalf of Paper Lantern Lit (NA).

Business Week reports: “Schechter and Hillyer come up with ideas—or “sparks,” as they like to call them—and sell the finished product to publishers. The writers, whom they find through friends or sites such as Craigslist, get a flat fee and bonuses based on sales.”

Click here to read more about this side of the business that isn’t that well known.

And over on Wired, you can see the Simpsons episode that spoofed Alloy (it was called Allied in the episode). There were so many in-jokes that someone on the writers’ staff must be in the know. I kept clicking the pause button to look at the titles of the books on the shelves and at a book fair. You can see it here: http://www.wired.com/underwire/2011/11/neil-gaiman-simpsons-2/ , at least for a while.




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Lexa was my editor at Razorbill (she was there long after leaving Harper Collins. I found it wierd they called her a harper editor...). The first deal you list, Lanie Bross, i smy client. I submitted client's materials to them and when they offered, negotiated the deal between her and PLL. :-)