Self-Publishing with ALLi
Survey Finds Indie Authors Earn More Than Traditionally Published Peers: Self-Publishing News Podcast with Dan Holloway
Oct 13, 2023
In this podcast, Dan Holloway, Self-publishing News editor, discusses the findings of the Authors Guild of America income survey, which reveals that indie authors earn more from books than traditionally published authors. It also explores the income differences between indie and traditionally published authors, emphasizing the importance of a comprehensive analysis. Additionally, it delves into Wattpad's new Wattpad Originals program and discusses various other topics such as Amazon's antitrust case and the changing publishing landscape.
16:56
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Quick takeaways
- Indie authors earn slightly more than traditionally published authors, with a median income of around $12,755 compared to $10,000.
- Romance and romantic suspense authors have the highest median income, earning over $30,000 from book sales alone, while mystery, thriller, and suspense authors have a lower median income of $10,000.
Deep dives
Comparing Author Income: Indie Authors vs. Traditionally Published Authors
According to recent surveys by the Authors Guild of America and Ally, indie authors are earning slightly more than traditionally published authors. The median income for indie authors is around $12,755, whereas traditionally published authors earn around $10,000. This difference of approximately 25% is significant and worth noting. As the publishing landscape continues to evolve, it will be interesting to track these trends and see how they develop.
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