Monday, May 28, 2012

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Self-Publishing Is a $500-a-Year Gig: How Kindle Is Losing You Money | Observer: Bad news for anyone who thought they were going to be the next EL James: As it turns out, half of self-published are making less than $500 a year off their books. Now, the numbers are skewed a little bit higher for the first comprehensive study ever done on the subject, with the average pull-in for self-publishers at $10,000. But that’s only because–much like in the rest of America– 10% of the market was bringing home enormous figures, leaving the other 90% with very low sums…and half with less than a grand a year for their work.

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