E-book figures

Interesting and surprising findings …

“Howey makes a good case that the “average” author earns more from a self published book than she would through one of the Big Five publishers, and, what’s more, that this holds true for all sorts of outliers (the richest indie authors outperform the richest Big Five authors; less-prolific indies do better than less-prolific traditionals, etc).”

boingboing.net/2014/02/13/self-p … e-sur.html

There’s been some debate over the accuracy of his data, which is extrapolated from a single day of sales. So keep that in mind along with the other caveats mentioned in the article.

Randy Ingermanson reflects on the Howey numbers in his blog today: https://www.advancedfictionwriting.com/blog/.

Ingermanson performs an arithmetic ‘thought experiment’ based around an (annual) statistic from Amazon, and, whilst he heavily caveats the results, he writes: ‘[Amongst authors] there will always be a few big winners and a large number who don’t earn very much. There is a “high head” and a “long tail.” But the important point is that there is a “broad shoulder”—a set of writers who are not at the very top and yet are earning substantial money (thousands of dollars per year, or tens of thousands per year).’

As both a novelist and a former (mathematical) physicist, Ingermanson is probably well-qualified to comment.

I think it really might depend on who has the largest marketing budget…