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Michael J. Sullivan's avatar

Another well-written and researched piece. A few things from my own experiences...and keep in mind that I would be considered an outlier - but my success should provide hope because when I started out I had no audience and I'm now very successful.

1. Like Wier, I started out self, then signed with the traditional houses,but unlike him, I'm now back to self. Why? More money and greater control. I make about 2.5x more from my self-published books than I do from my traditionally published ones, and that's largely due to earning MUCH more on each individual sale.

2. N.K. Jemisin and I were released through the same publisher at roughly the same time (her debut was Oct 2010, mine was November 2011). Our advances were comparable (she actually got a little more than I did - $25,000 a book for her $22,500 for me. I'm a white CIS male and she is a black woman of color - so the outrage at her "small advance" may not be totally founded. I'm not saying there isn't a bias in publishing - I'm sure there is. But N.K.'s debut shouldn't be held up as proof of that point. The reality is BOTH of us had good debut deals -- most range around $5,000 - $10,000. Now, that said, N.K.'s subsequent deals were not very good (from an advance standpoint - she's earned out on them and has done very well now), but at the time she signed those deals her released books weren't selling well - which I think was a factor. As we both started at the same place at the same time, I used to track both of our Amazon rankings and for 5 or 6 years I did much better than she did from a "number of units sold" and our books were priced similarly. But I have to give Orbit (our publisher) credit - they "stuck by her" and it eventually paid off. Now her books rank much better than mine - and she certainly has more name recognition (three Hugos in a row certainly helped with that). But, I was earning a full-time income long before she did (mainly due to my self-published novels). She "should" have been able to make a living wage but the low payout of the traditional model meant she had to turn to Patreon in order to quit her day job. Nowadays, she is (I would guess) one of the top earners in our genre (fantasy). By using KDSPY (which takes Amazon ranks and the price per book to estimate author income (NOTE: I should note that my experience is KDSPY HIGHLY underestimates income but it does provide an apple to apple comparison) Anyway, according to KDSPY, N.K.'s Amazon ebooks earn $33,818 per month (her cut of that would be $5,038) and my KDSPY numbers are $8,844 but my cut of that is much higher (because many of my titles are self-published). But Amazon ebook is only one piece of the picture and I suspect she earns much more than I do on physical books, but based on audible rankings, I earn more than she does with audio. Bottom line. After a decade we are both earning well (several hundred thousand a year) and while we are both outliers, it's proof that it can happen.

3. I know a good deal about income in traditional and self (and I also know a good number of authors in each) and I agree 100% with this statement: “There are a couple thousand self-published authors currently earning six-figure incomes from their ebook sales, Abbassi tells me, and a couple dozen earning seven-figure incomes. In fact, some genres may see more success in the self-published world than they would elsewhere. “In certain fiction genres, such as romance, science fiction, and fantasy, there are far more high-earning, self-published authors than traditionally published ones,” Abbassi says.”

4. Regarding Barton's assessment of Weir's success: "In that particular case, we might be giving unfair credit to the traditional publisher piece of that career progression." I also agree 100% - Weir was successful because (a) he wrote a killer book (b) he got a following and then word of mouth spread and (c) by the time traditional publishing came along they poured gasoline on that fire and made it bigger - but (a) and (b) can't be understated.

5. For what it's worth, I've been on the New York Times twice: one for a traditionally released book (Age of War) and one for a self-published released book (Age of Legend). They were my 13th and 14th published novels - and they were both "one and done" - meaning they only were on there for one week. And in my case, it was the audiobooks that got me on the list - not physical sales. But given physical sales are for a "week" and audiobooks are for a "month" -it generally requires more sales to get on the NYT audio bestseller list.

6. One thing that is very important these days is audio rights. While I've had 3 traditional publishing contracts with six-figure advances (and one that was over half a million), my largest contract (seven figures) came from a three-book audio deal. At the present time, publishers are REQUIRING audio rights when signing a new title. And they aren't increasing the advances - they just expect them to be thrown in. But the audio right on its own is more lucrative than the print/ebook/audio in combination. That's the main reason why I've returned to self-publishing. I can get a larger contract for audio-only (and then earn higher income on the ebooks and print that are self-published). It makes no sense to sell a book for say $100,00 for audio/print/ebook when I can get more than three times that amount for audio-only.

7. Aside from the advance disparity with audiobooks, there is an even bigger issue - and that is % of the audio sale that goes to the author when a publisher is involved. For my first two series (Riyria Revelations and Riyria Chronicles) Orbit sold those rights through "subsidiary deals" which means I earn about 3.5% of the income they produce. The standard royalty rate for someone who sells directly to Audible Studios is 15% 4.3 times more - so it's MUCH easier to "earn out" those advances.

Anyway - just some thought and data from someone who has done both self and traditional. Don't give up that dream - I never thought I would be where I am now, so it CAN happen.

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J. M. Elliott's avatar

harsh truths, but an honest assessment. writers don't need to be coddled, they need facts so they can make informed decisions about their work. thank you!

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