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"£907.5m is earned by the 55,000 authors in Britain every year but 50 per cent of the cash goes to 10 per cent of the authors, meaning that the 5,500 bestselling writers share at least £453.75m of it, giving them an average annual income of £82,500 while the other 49,500 authors share the rest, typically earning £4,000"


The numbers in this article are interesting, but sadly, very little else is.


(via chrisbillett)

Comments

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ex_chrisbil
Mar. 11th, 2007 02:00 pm (UTC)
Err, and £48 million went to JK Rowling, I just discovered...
benpeek
Mar. 11th, 2007 10:55 pm (UTC)
it's nice that she's doing so well :P
ex_chrisbil
Mar. 11th, 2007 11:15 pm (UTC)
Yeh. She sends me a packet of money every now and then, what with us both being British n' all. I bought my flat with the last one.
(Anonymous)
Mar. 11th, 2007 06:49 pm (UTC)
It's interesting to me that the article doesn't point a finger at retailers/readers. They buy the books.

Publishers generally want to make money. If they don't then the commercial publishing game ends. The article doesn't make the point of how many books fail or how the superstar sellers actually keep the publishers going so that the publishers can continue to publish books that fail.

Instead there's this whiff of meritocracy, that somehow just showing up at the door as an author entitles one to a lifelong, life sustaining salary.

My supposition is that book sales are significantly stratified and authors are rewarded accordingly.

...pm
benpeek
Mar. 11th, 2007 10:58 pm (UTC)
i thought it was interesting that the article didn't engage with what publishers pay/percentages, and all of that. anyhow: i probably don't think this gig pays what it should, since a lot of authors i think should earn nothing get tons :)
ex_chrisbil
Mar. 11th, 2007 11:16 pm (UTC)
A lot of authors I think should get *tortured* get tons...

Just sayin'.
(Anonymous)
Mar. 11th, 2007 11:05 pm (UTC)
But if you want to make tons of money then you'll have to play the game and write as those writers do.

Get with the masses.

...pm
benpeek
Mar. 11th, 2007 11:28 pm (UTC)
nah. i never have bought into that particular belief.
(Anonymous)
Mar. 11th, 2007 11:34 pm (UTC)
Just stating the obvious.

Time and time I hear folk (not you) whine about the success of others and it boils down to an unwillingness to do what the successful have done (plus luck).
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