Books News: Does It Pay to Be a Writer?

Writing has never been a lucrative career choice, but a recent study by The Authors Guild, a professional organization for book writers, shows that it may not even be a livable one anymore. According to the survey results, the median pay for full-time writers was $20,300 in 2017, and that number decreased to $6,080 when part-time writers were considered. The latter figure reflects a 42 percent drop since 2009, when the median was $10,500. These findings are the result of an expansive 2018 study of more than 5,000 published book authors, across genres and including both traditional and self-published writers.

“In the 20th century, a good literary writer could earn a middle class living just writing,” said Mary Rasenberger, executive director of The Authors Guild, citing William Faulkner, Ernest Hemingway and John Cheever. Now, most writers need to supplement their income with speaking engagements or teaching. Strictly book-related income — which is to say royalties and advances — are also down, almost 30 percent for full-time writers since 2009.

Writing for magazines and newspapers was once a solid source of additional income for professional writers, but the decline in freelance journalism and pay has meant less opportunity for authors to write for pay. Many print publications, which offered the highest rate, have been shuttered altogether.

The decline in earnings are also largely because of Amazon’s lion’s share of the self-publishing, e-book and resale market, according to Rasenberger. The conglomerate charges commission and marketing fees to publishers that Rasenberger said essentially prevent their books from being buried on the site. Small and independent publishers, which have fewer resources and bargaining power, have been particularly hard hit. Book publishing companies are passing these losses along to writers in the form of lower royalties and advances, and authors also lose out on income from books resold on the platform.

Article source: https://www.nytimes.com/2019/01/05/books/authors-pay-writer.html?partner=rss&emc=rss