People, look at this:
http://www.mediabistro.com/galleycat...ear-dbw_b81862
Quote:
Digital Book World interviewed almost 10,000 traditionally published authors,self-published authors, authors who are both traditionally published and self-published, along with aspiring authors.
The research revealed that only 10 percent of traditionally published authors made more than $20,000 a year and 5 percent of self-published authors made more than $20,000 a year.
|
That is right in line with the BPHs own reports that 80%-90% their books don't earn out their advance.
Now, Check the charts.
And remember that in the old days it was trad-Pub or nothing. No revenue unless you submitted to the publishers or pulled a (very rare) Grisham.
Then there is this. One of thousands of similar stories:
http://www.delilahmarvelle.blogspot....ensington.html
And this:
http://www.courtneymilan.com/ramblin...ales-in-print/
And, especially, this:
http://www.indiesunlimited.com/2014/...-editing-myth/
Hang around author websites, instead of publisher-biased big media sites and you'll see why more and more authors are just saying no to traditional contracts. The "rewards" do not justify the risks.