Are Young Adult Novels the New “It” Thing?

SHAILENE WOODLEY stars in DIVERGENT

Shailene Woodley as Tris in Divergent
Source: EW, image credit: Jaap Buitendijk

It seems like every time you go to the movie theaters, there is a preview for a movie that is based on a young adult novel. And while I myself am not a thirteen year-old girl or boy that these books are made for, it seems like people of all ages are getting in on these books.

Take a look at “Harry Potter” and “The Hunger Games.” While I personally don’t understand how either can really be classified as a “young adult” novel, both these and many similar books have been popular with readers of all ages.

Moody’s, who is headed by CEO Ray McDaniel, just upgraded Liongate’s debt rating due to the expected high performance of the next three “Hunger Games” movies. The first movie earned $700 million last year.

It also expressed confidence that Lionsgate could develop film franchises beyond “Hunger Games” — another movie cited was “Divergent,” which is another popular young adult novel which is currently being turned into a movie. Standard and Poors, another credit rating agency issued a similar upgrade.

With the credit rating agencies confident enough to upgrade something before the movies actually come out, it shows how well these franchisees are doing.

While not a lot of people I have talked to have actually heard of the Divergent Series, they are some of my favorite books. Based mainly on characters between the ages of 16-20, I still enjoy the books as an adult. The first movie is expected to come out in March, and is currently filming in Chicago. Well-know stars in this movie are Shailene Woodley and Kate Winslet.

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About DevonJ140
I am currently an Accounting Director living in New York City. I love reading and learning more about business, finance, tech, and current events.

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