Uh, most of what I read doesn't count as "literature" per se. I end up reading a lot of entirely forgettable fantasy novels halfway through and then shelving them. Anyway, I'll just list what comes to mind:
Neil Gaiman's work. I'm on The Graveyard Book at the moment.
The Hunger Games trilogy - absolutely brilliant; I can't wait for the movie.
The Inheritance Trilogy (Eragon/Eldest/Brisingr) is my guilty pleasure. It's not particularly well-written, and very stereotypical, but I love it anyways.
Redwall and Mossflower; you've read one you've read 'em all really, but I'd like to read The Long Patrol.
Narnia, got me into reading.
I actually didn't enjoy the LotR books. Too wordy, liked the movies better, which is crazy coming from me.
Harry. Freaking. Potter. I worship the air J.K.Rowling breathes.
His Dark Materials
City of Ember. The rest of the series isn't so good imho.
Looking For Alaska and Will Grayson, Will Grayson, both by John Green (well, half of Will Grayson, Will Grayson is by John Green anyway)
The Fables comics, Sandman, Blankets, and the Flight anthologies, if comic books count. <333
Non-ficiton stuff related to the film/animation industry (the list is not very big yet as I haven't been purchasing the books for long) - How Not to Make a Short Film, The Simpsons: An Uncensored, Unauthorized History, a couple of those overpriced books of concept art from movies. I'm also on a mission to find the Preston Blair books and The Illusion of Life in a brick-and-mortar store, but I may just have to give up and order online, though I'm loathe to wait for shipping.