{
    "success": true,
    "data": {
        "id": 1178595,
        "msgid": "multibillion-profits-reaped-from-teen-novel-business-1447899208",
        "date": "2005-07-10 00:00:00",
        "title": "Multibillion profits reaped from teen novel business",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Multibillion profits reaped from teen novel business Rendi A. Witular The Jakarta Post\/Jakarta Most teenagers who read local teen novels, also called \"teen lit\", may not know that behind the story they are reading extends a new industry that reaps billions and billions of rupiah in profits annually, as well as new young millionaires.",
        "content": "<p>Multibillion profits reaped from teen novel business<\/p>\n<p>Rendi A. Witular<br>\nThe Jakarta Post\/Jakarta<\/p>\n<p>Most teenagers who read local teen novels, also called \"teen <br>\nlit\", may not know that behind the story they are reading extends <br>\na new industry that reaps billions and billions of rupiah<br>\nin profits annually, as well as new young millionaires.<\/p>\n<p>The publishing industry is not the only one making profit from <br>\nthe high sales of teen novels, and the movie and television <br>\nindustries, which bring the novels to the big and small screens, <br>\nare also profiting.<\/p>\n<p>In creating screen adaptations, the two industries prompt <br>\nteenagers who have not read the original novels to storm <br>\nbookstores, which will eventually help fill the pockets of <br>\nauthors and publishers.<\/p>\n<p>\"Movies and television programs have helped promote the novels <br>\nas well as boost their sales. Their role is now very significant <br>\nin helping publishers increase the sale of their best-selling <br>\nnovels,\" said Hetih Rusli, an editor with publisher PT Gramedia <br>\nPustaka Utama.<\/p>\n<p>Hetih gave an example of how sales of Me Versus High Heels had <br>\nincreased noticeably after it was adapted into a movie early this <br>\nyear, with an average 5,000 copies sold per month, from 1,000 <br>\ncopies monthly before its cinematic release.<\/p>\n<p>At present, Gramedia has sold more than 40,000 copies of the <br>\nnovel since its launch early last year. With each copy priced at <br>\nRp 30,000 (US$3), the company is estimated to reap in a revenue <br>\nof Rp 1.2 billion from this novel alone.<\/p>\n<p>Of this amount, author Maria Ardelia could receive up to Rp <br>\n120 million in royalties. By regulation, an author should receive <br>\na minimum 10 percent royalty from book sales.<\/p>\n<p>Aside from publishers and authors, the film production company <br>\nthat adapted the novel, PT Starvision, is also reaping a huge <br>\nprofit from the film, which opened early this year.<\/p>\n<p>\"Two weeks ago, we calculated that about 350,000 viewers went <br>\nto see the movie. The movie is still playing in several cities <br>\nacross the country now. We expect to reap in more profit soon, <br>\nwhen the video compact disc (VCD) is released,\" said Hanna <br>\nYulianti, a Starvision marketing executive.<\/p>\n<p>It is estimated that Starvision has collected at least Rp 7 <br>\nbillion thus far from ticket sales, assuming an average ticket <br>\nprice of Rp 20,000 per person.<\/p>\n<p>\"Due to the movie's success, the company is now planning to <br>\nlaunch a television series on ANTV on July 13. We have prepared <br>\n13 episodes of the series and we hope it will become a hit,\" said <br>\nHanna.<\/p>\n<p>Another producer that is gearing up to open a feature film <br>\nbased on a best-selling teen novel is the newly established PT <br>\nFlick Production. The company will open on Sept. 8 Dealova, based <br>\non the novel by 19-year-old Dyan Nuranindya.<\/p>\n<p>Flick is optimistic that it can net at least 90,000 moviegoers <br>\nin a single month. The figure is based on an estimate that about <br>\n45,000 fans of the novel will come to see the film, along with <br>\ntheir parents, Flick executive Ade Kusumaningrum said.<\/p>\n<p>\"Most of moviegoers in Indonesia are teenagers. That is why <br>\nteen movies are so promising compared to those for adults. We are <br>\noptimistic that there is a huge audience for this movie, because <br>\nit is based on a bestseller teen novel,\" said Ade.<\/p>\n<p>Since the middle of last year, Gramedia Pustaka has sold <br>\n60,000 copies of Dealova.<\/p>\n<p>It author, as per regulation, has received a 10 percent <br>\nroyalty from the publisher, or about Rp 170 million, not <br>\nincluding the Rp 20 million it received from Flick Production <br>\nwhen the company bought the rights for a film adaptation.<\/p>\n<p>\"I am not writing for money. I just like to write. But if they <br>\nlike my novel and pay me some money, I will be grateful. It will <br>\nbe more than enough to treat my friends,\" said Dyan.<\/p>\n<p>For Dyan, writing the bestseller may merely be a daily <br>\nactivity, but for publishers and producers, her creation is part <br>\nof a promising and lucrative money-making machine for a business <br>\non the rise.<\/p>\n<p>According to Gramedia Pustaka marketing executive Dewi <br>\nYuliani, the teen lit market is huge, and demand for local novels <br>\nis higher than foreign novels, because the readership identifies  <br>\nwith their cultural environment.<\/p>\n<p>Dewi said that most smaller publishers that used to publish <br>\nbooks on religious affairs and agriculture were now shifting <br>\ntheir business focus to teen novels because of the huge demand <br>\nand promising market.<\/p>\n<p>\"Teen novels have been on the rise since last year. In the <br>\nfirst six months of this year, Gramedia Pustaka has published 45 <br>\nnew novels,\" said Dewi. Fairish is currently the publisher's <br>\nbest-selling novel.<\/p>\n<p>About 66,000 copies of Fairish have been sold since late last <br>\nyear. Meanwhile, TV7 is now producing a television series based <br>\non the novel.<\/p>\n<p>Esti Kinasih, the author of the novel, said even before the <br>\nprogram's launched, set for this month, sales of her novel had <br>\nalready showed a sharp increase following TV7's promotional <br>\ntrailers of the new program.<\/p>\n<p>\"My royalty has (also) increased for this month. I am <br>\noptimistic that more copies will be sold after more people become <br>\nfamiliar with the program,\" said Esti, adding that she had <br>\nreceived about Rp 25 million from TV7 for rights to the novel.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/multibillion-profits-reaped-from-teen-novel-business-1447899208",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}