Stereotypes, Sequins, and Starvation by Deb Lisa Daily

Stereotype: The rich and famous author. Most people outside of publishing believe all authors to be rich and famous. Most published authors are, ahem, not. In fact, most books don’t even earn out their advance. In 2004, Nielsen Bookscan tracked the sales of 1.2 million books in the United States. Here are the statistics: –Of those 1.2 million, 950,000 sold fewer than 99 copies. (79%) –Another 200,000 sold fewer than…

Wednesday, January 23, 2008