The publishing landscape has changed so much that past things of importance and impact are no longer – fizzled out like a spent firecracker sparkler.
Examples are the Man Booker award in the U.K. and the National Book Awards in the U.S. – Oh, these awards still have a sentimental value to some, but, apparently, do not generate any large increase in book sales, notoriety or the economic bottom line for authors as they may have done in the past. And what about authors who don’t receive awards?
Recent surveys by the Authors Guild have exposed a 30% loss in author income since 2009 – But, these losses represent authors under the umbrella of traditional publishing. Most (not all) are not even making a living wage.
So, how do we explain the thousands of self-published authors (again, not all) who are making quite a good living wage? Let’s find out.
Tonights research article comes from WUWM Public Radio in Milwaukee, WI., written by LYNN NEARY
“Washington Post critic Ron Charles reviews the kinds of books that get nominated for literary awards. These are not the blockbusters, the books written by the likes of Stephen King and Nora Roberts that make millions.”
“Robinson says the landscape for writers has changed in many ways. They have to do more self-promotion, sometimes even offering their work for free online. The Authors Guild blames the decline in writers’ income on a combination of factors: online piracy of digital material, consolidation within the publishing industry, which has led to more focus on the bottom line, the dominance of Amazon and the rise of self-publishing which has cut into the market for traditional publishers.”
“Eisler is a self-publishing advocate who says the Authors Guild doesn’t represent all writers. Its membership skews older and it is mostly interested in maintaining the status quo of traditional publishing. Self-publishing may not be for everyone, he says. There is no question writers have to be more entrepreneurial. But he says it also offers them a choice when it comes to money and control — and the end result isn’t really all that different from traditional publishing.”
” “Yes, it’s absolutely true that most self-published authors aren’t able — at least not yet — to make a living from their writing,” he says. “But that’s also absolutely true of legacy publishing. It’s always been true.” ”
Read the entire article titled: “When It Comes To Book Sales, What Counts As Success Might Surprise You”
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