My friend Brenda Hiatt publishes Show Me The Money, an annual report on how much authors are actually getting from publishers for novels.
She just updated the information in March. If you’ve ever wondered what Bantam or Harlequin or St. Martin’s Press or any of the other publishers pay in advances and royalties, as well as how much the average earnings are, now is your chance to find out.
Since publishers jealousy guard print run stats, sometimes from even their authors, it's exciting to see real facts and figures.
Things are so different with indie publishing. An author can look at her sales report any minute of any day and know exactly what she's selling and earning. Not so with traditional publishing when royalty statements are sent twice a year, and it takes an expert to interpret the reports.
For real numbers, check out Brenda’s Show Me The Money.
Takeaway Truth
If you want to be a professional writer, you must tend to the business end of writing as well as to the creative.
Hi Joan,
ReplyDeleteThis is Nick from down the road. I want you to know I have been following your blog. I wanted to drop by and leave a comment to thank you for your wonderful advice and tireless blogging. Also, congrats on your recent sales!!!
Nick
Hello, Nick! How are you? How's the WIP going?
ReplyDeleteThanks for the kudos. Glad you stopped by. Hang in there.
Best wishes,
Joan
Thanks Joan! Almost done with the 1st draft, its looking good. I'm still keeping a close eye on the industry happenings, too.
ReplyDelete