They identified an untapped audience craving PG-rated romance and seasonal content.
Holiday rom-coms had significantly lower budgets, often around $12-15 million compared to $25 million for a single theatrical rom-com.
Ontario offers a tax credit of 35-40%, incentivizing productions to hire local labor and services.
They adopted e-books early and self-published, keeping more of their sales revenue.
They shared publishing opportunities and income details, fostering a supportive community.
E-books allowed for discreet reading of explicit content and offered higher royalties for authors.
On today's show, we have two stories from The Indicator, Planet Money's daily podcast. They just launched Love Week, a weeklong series exploring the business and economic side of romance.First, hosts Wailin Wong and Adrian Ma fire up the gas logs and pour a mug of cocoa to discuss the made-for-TV rom-com machine, and how television executives learned to mass produce seasonal romance.Then, Wailin and host Darian Woods discuss another romance medium: the romance novel. Once relegated to supermarket aisles, these books are now mainstream. And authors, an often-maligned group within publishing, have found greater commercial success than many writers in other genres. We find out how romance novelists rode the e-book wave and networked with each other to achieve their happily-for-now status in the industry.*This episode is hosted by Erika Beras, Wailin Wong, Adrian Ma, and Darian Woods. These episodes of *The Indicator *were originally produced by Julia Ritchey and engineered by Kwesi Lee. They were fact-checked by Sierra Juarez. Kate Concannon is The Indicator's Editor.You can listen to the rest of the series at The Indicator's feed), or at *npr.org/love)*Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts) or at plus.npr.org/planetmoney).*Learn more about sponsor message choices: podcastchoices.com/adchoices)NPR Privacy Policy)