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  HISTORY
If you were to study paperback publishing in the late 1970s, you'd discover that less than 30 romance novels were produced each month and the genre barely comprised 25% of the publishing pie, with Harlequin, MacFadden, Dell Candlelight and Avon the primary publishers. But the women's sexual revolution and Kathryn Falk's Romantic Times Magazine, established in June of '81, and her reference work, HOW TO WRITE A ROMANCE AND GET IT PUBLISHED (Crown/NAL, 1983) were to change all that.

Over the years the romance fiction has grown in leaps and bounds, to become a billion-dollar-a-year industry that produces over 120 new book titles each month and accounts for nearly 50% of the total paperback market. The average romance reader today still spends over $100 a month on books and reads 10-40 books a month.

Some of the biggest publishing names - Johanna Lindsey, Jude Deveraux, Judith McNaught, Sandra Brown, Jayne Ann Krentz, Tess Gerritsen, Nora Roberts and Tami Hoag, to name a few - got their start writing category romance in the '80s and have branched out to encompass mainstream readers, becoming New York Times bestsellers alongside Anne Rice, John Grisham and Mary Higgins Clark.

But let's go back to the late '70s, when Kathryn Falk (now also known as Lady of Barrow) - formerly of Grosse Pointe, Michigan, and educated at the Jesuit-run University of Detroit (as a history major) - was an entrepreneur of dollhouses and miniature stores on the upper east side of Manhattan, writing books on the hobby. She was always a booklover, she recalls, and a speed reader, barreling through shelves of historical romance novels and biographies in her childhood libraries. As a working woman, she noticed the rise of sensual historicals and began to wonder why there weren't newsletters or reference books for the burgeoning genre.

Hence, there followed her decision to write a reference book entitled LADIES OF THE KNIGHT. While in the process of tracking down publishers, booksellers and authors, and compiling profiles and information, she discovered there was no way of knowing what books were coming out, when and where they would appear, which ones were best, who the authors were or how to write them. As she recalls, "Historical romances by Barbara Cartland, Rosemary Rogers and Jennifer Wilde were selling million of copies, so I knew there had to be thousands of women, maybe more, who were curious about this type of reading. I never had to do market research to figure out my eventual publication. It was what I wanted to know. I was one of them: an avid fan of romantic fiction."

In order to create a newsletter of any type, Kathryn knew she required some credibility. She sent out proposals for a reference work. Pinnacle Books didn't want her entire manuscript, but they were interested in the emerging new breed of women writers. They took Kathryn's post-1970 chapter and asked her to expand it, calling it LOVE'S LEADING LADIES, a series of 60 author profiles that included Danielle Steel, Janet Dailey, Bertrice Small and many of the contemporary authors published by Harlequin and the then latest American romance house, Silhouette.

It was as author of the forthcoming LOVE'S LEADING LADIES that she set out to create a newsletter. Limited in funds and with a wealth of information, she contacted a local Brooklyn printer about creating a newspaper. Working out of a small home office, she typed out the first issue of Romantic Times on a Selectric typewriter. A neighbor designed the pages. Waldenbooks put the first issue in every store. Janet Dailey promoted it in her popular newsletter and Kathryn's aggressive self-promotion got her nationwide attention in the press and on TV from the first issue.

Today, the romance novel industry still isn't quite sure what hit it, but they do know that Ms. Falk and her magazine Romantic Times are the undisputed experts at reaching romance book lovers and creating a promotional medium for publishers and authors for the sale of even more romances. No one in their right mind today doubts the lucrative market of loyal romance readers, the majority of whom buy 10-40 books per month and consider reading their main hobby.

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