Spec Market Roundup: June 2009

Courtesy of Jason Scoggins at the blog “Life on the Bubble,” the June 2009 spec market roundup:

June was yet another tough month for the spec script market. There was a small uptick compared to May in the number of scripts on the market as sellers rushed to beat the traditional Summer slow-down, but the results were even worse than May’s. Here are June’s raw numbers:

• 39 specs went out widely to producers;
• None of those sold; and
• 7 additional spec sales were reported.

Not to put too fine a point on it, but just one out of the 70 scripts that went out widely in May and June has sold. Let’s pause for a moment of silence as we remember the spec market of years past.

Wait! Get that rusty razor blade away from your trembling wrists! If there’s one truism about Hwood that is, well… true (other than Goldman’s “Nobody knows anything”), it’s that the business runs in cycles. Read this post from last Friday:

I think it will be the same as it has been since spec scripts first appeared on the scene about 4 decades ago: Some times the market will be hot, other times the market will be cold, and most of the time it will be some place in the middle.

Now take two aspirin, along with a shot of Stoli, and get back to writing!

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