Tuesday 13 March 2007

Earnings

Well, I have no money. But reading this article on how much the average writer earns is sobering. I have to hope I'll end up in the top 10%. Figures from the UK Society of Authors.

£907.5m is earned by the 55,000 authors in Britain every year but 50 per cent of the cash goes to 10 % of the authors, meaning that the 5,500 bestselling writers share at least £453.75m of it, giving them an average annual income of £82,500. The other 49,500 authors share the rest, typically earning £4,000.

http://books.guardian.co.uk/review/story/0,,2030195,00.html

Maybe there's more money in TV and film.

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