While many publishers are cutting back, Alloy Entertainment is branching out, launching a new unit that will accept unsolicited manuscripts and also pay a royalty. Check out this PW article.
Alloy is the creator of both the Sisterhood of the Traveling Pants series and Gossip Girls. According to PW, they plan to acquire 12 books annually, emphasizing women’s fiction, YA, middle grade and chapter books.
I’ve interviewed Alloy staff for articles in the past and was impressed by their upbeat, enthusiastic attitude. Not that most publishers and editors aren’t both, but even in a field where people love what they do, Alloy stuck out in my mind.
Those of you who write chick lit may want to keep an eye on this market.