If anyone was still laboring under the impression that writing is a lucrative business, a new report from Digital Book World is here to pulverize your hopes and dreams.
After interviewing 10,000 authors at all different points in their careers, DBW found that “the majority of authors make less than $1000 a year” from their writing, and “only 10 percent of traditionally published authors made more than $20,000.”
Read more and check out graphs of the data in this Galleycat post.
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