News Summary: Upbeat mood at BookExpo America

By The Associated Press

DISCOUNT BOOK TRENDS: Fiction sales have fallen sharply, while children's books have taken off.

EFFECT OF E-BOOKS: Publishers have been cutting the number of adult books they print as e-book sales increase. That reduces the leftover copies available for discount sellers. Most picture books and young adult novels are still sold on paper, which often leads to more volume for the discounters.

TRADE SHOW: The mood at BookExpo America this week was positive, even as publishers absorb the downfall of the Borders superstore chain and brace themselves for any effects from a government lawsuit alleging price fixing of e-books.