Eisner award winning graphic novels and nominees can now place an informative medal on their covers. Well, the people who sell them can, anyway. ICV2 has the details here.
Many YA titles benefit from the placement of a National Book award or Printz award or King award label on their covers. This is a smart way to help legitimize graphic novels in the eyes of hesitant but curious readers, in my opinion. Might it also contribute to canon formation? Probably, but that's not a new phenomena among any form of media, graphic novels included.
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