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The business of mining literary estates is booming

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As “Wonka” shows, long-dead authors’ work has become valuable

LORD BYRON intended to publish his memoir, but his literary executor burned it instead. T.S. Eliot is thought never to have wanted songs made about his cats. Terry Pratchett, a British fantasy writer, had imagination: his former assistant honoured Pratchett’s wish to have a steamroller crush a hard drive containing the author’s unfinished stories.

The year 2020 was the first time more books were turned into TV series than into films, according to Publishers Marketplace. Stories about spies, detectives and children’s characters are natural subjects for shows. They are “golden brands”, explains Nicola Solomon, boss of the Society of Authors, which acts as trustee for 58 of its members’ estates. “For better or worse, we live in a brand-driven world, and people buy brands that are familiar,” she adds.

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