Jan 20 2014
A survey reveals that 54% of traditionally-published authors and almost 80% of go-it-alone writers are making less than US$1,000 a year.
More than 9,000 writers, from aspiring authors to seasoned pros, took part in the 2014 Digital Book World and Writer's Digest Author Survey, presented at this week's Digital Book World conference.
Just over 77% of self-published writers make $1,000 or less a year, according to the survey, with a startlingly high 53.9% of traditionally-published authors, and 43.6% of hybrid authors, reporting their earnings are below the same threshold. A tiny proportion – 0.7% of self-published writers, 1.3% of traditionally-published, and 5.7% of hybrid writers – reported making more than $100,000 a year from their writing.
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