Tuesday, April 21, 2015

Median earnings of professional authors fall below the minimum wage

Comprehensive new study of UK writers shows that the bottom 50% of UK authors made less than £10,500 in 2013

a man typing on a computer keyboard.
Depressing maths ...typing on a computer keyboard. Photograph: Kacper Pempel/Reuters
More than 200 years after Samuel Johnson asserted that “no man but a blockhead ever wrote, except for money”, a comprehensive new survey of the UK’s authors has found that many make nothing at all from their writing.

According to a report into the earnings of almost 2,500 working writers released on Monday by Queen Mary, University of London, there is a “huge inequality” in the amount of money made by writers, with the top earners taking a vast proportion of the total money earned.

The top 10% of professional authors, those who make £60,000 or more a year from their writing, earned 58% of all the money made by professional authors in 2013, and the top 5%, those making more than £100,000, earned 42.3% of that money. The top 1%, who make mean average earnings of more than £450,000, take 22.7% of all earnings, said the Authors’ Licensing & Collecting Society, which commissioned the UK-based survey.
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