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Tell us how you earned a million dollars with your first book, Mr. Author.

posted by [personal profile] mylescorcoran at 03:56pm on 10/02/2005 under ,
This story is revealing about the economics of genre writing.

The typical advance for a first novel is $5000. The typical advance for
later novels, after a typical number of 5-7 years and 5-7 books is
$12,500. Having an agent at any point increases your advance.

[livejournal.com profile] purplecthulhu, bear this in mind as you're working to get that story accepted.

Thanks to Boing Boing for the intial pointer.
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posted by [identity profile] purplecthulhu.livejournal.com at 03:27pm on 10/02/2005
Yes - it was an apposite time for that to come up.

But it does leave me wondering how these authors who publish a novel a year, and aren't Connie Willis or Neal Stephenson, manage to survive.

Any ideas anybody, other than writing pieces for the Penthouse Letters pages?
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posted by [personal profile] mylescorcoran at 12:46am on 11/02/2005
I'd say that many writers, like many musicians, make a living from other revenues than their art.

See, for example, http://www.boingboing.net/2005/02/09/musicians_dont_earn_.html, for some details about the music creation business.
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