"On the one hand, it’s fantastic to be able to count over 2,500 authors who are currently earning at a living-wage run rate — $50,000/year or more — from just their Amazon sales. But once again, among the traditionally published contingent we see predominantly authors whose careers began decades ago, including all of traditional publishing’s longest tenured best sellers and most recognizable names.Out of more than 10,000 Big Five author debuts in the last five years, fewer than 220 are currently earning $50K/year or more on Amazon. Despite all the countless small and medium publisher debuts over the past five years, the tally of those authors earning a living wage is even more discouraging: barely 100 non-Big Five traditionally published authors launched in the past 5 years now earn $50K/year or more from all of their books on Amazon."(http://authorearnings.com/report/may-...)
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