2006-12-20 19:09:59 · 4 answers · asked by skipjack 2 in Arts & Humanities ➔ Books & Authors
What does the AVERAGE novelist earn?
2006-12-20 19:33:21 · update #1
"Being a novelist also requires good financial management skills, since a novelist's earnings can be erratic and no employment benefits are provided.
According to Romance Writers of America (RWA), cash advances can range from $1,500 to $1 million a year. A typical advance for a first novel can be between $2,000 and $5,000, according to Beverley.
Royalties, the percentage the author receives from each copy sold, are generally six to eight percent of the cover price. The actual amount of royalty income varies: some authors may make $20,000, while others collect $500,000.
Income depends on several factors, according to RWA: the author's publishing history and current popularity, the number of books released per year, and the novel's foreign distribution."
2006-12-21 00:36:36 · answer #1 · answered by Globetrotter 5 · 0⤊ 0⤋
A local book editor said it that way. Nowadays everybody want to write a book but nobody read books anymore. There are exceptions like Harry Potter.
2006-12-21 03:23:28 · answer #2 · answered by Joseph Binette 3 · 0⤊ 0⤋
Jk Rowling is richer then the queen now because of the harry potter series...
I am not sure but i heard she gets $175 per minute or hour...
But i know for sure she is a billioner....
2006-12-21 03:25:35 · answer #3 · answered by flower353 1 · 0⤊ 0⤋
fame and fortune
2006-12-21 03:18:23 · answer #4 · answered by Anonymous · 0⤊ 0⤋