Two Important Publishing Facts Everyone Gets Wrong."
(If you're unfamiliar Hugh Howey, he's one of the most successful self-published authors around. He got his start with self-published Kindle books -- although based on that success, he's conventionally published, too.)
My GRAVITY lawsuit and how it affects every writer who sells to Hollywood" and, more recently "Gravity Lawsuit: Why I am giving up."
But Hollywood aside, authors make the big bucks, right? I'm not going to discuss my personal finances, but here's a sobering statistic: "Most authors earn less than minimum wage from their writing, survey finds." That survey was done in the UK, but I doubt the numbers are shockingly different in the US.
A key quote:
The research, commissioned by The Authors’ Licensing and Collecting Society, found the top 5 per cent of writers earned close to half of all the income received by professional authors in 2013. The median income for professional writers is just £10,432, less than the minimum wage. Technical and academic writers are among the worst paid.