This is a small diversion from the chronology of previous 'How Not To' posts. Whenever writers get together, we don't talk about what we're writing. We moan about money.
It's worth pointing out yet again that, with a few starry exceptions, writers are at the bottom of the heap as far as payment goes. Full time professional writers earn, on average, £7000 a year. That means that vast numbers earn considerably less and payments are falling all the time. I wrote my last big project on a £500 advance. It took 2 years to research and write.
If you look this up on Google, you'll be presented with wholly unrealistic salaries in the £35,000 plus range. Some deluded websites claim a staggering £45 - £55000. I don't know anyone who earns anything approaching this from their writing, even those you would think of as successful. Those who do, earn it from writing related work, such as teaching creative writing in universities, so that they can encourage more people to be poor. Or writing for television. (Lucrative, but also hard to get into.) Or specialised writing, such as technical writing, for large companies. Those who write for children can earn a living of sorts by doing schools visits and talks, but again, these are a diminishing resource. And as another writer friend pointed out recently, these are payments for actual work undertaken in the school or college, not for the books themselves.
As far as large publishing companies are concerned, creative writing and publishing is a massive pyramid scheme, with the writers beavering away for peanuts at the bottom, and literally everyone else being paid more than the people without whom there would be nothing to publish or produce.
There is no real solution to this. The big corporations will always pay their top executives handsomely and the astronomical advances will always go to celebrities, who probably haven't even written the damn books themselves. Those organisations that are supposed to represent writers can do little about the imbalance. Small or medium sized publishers struggle constantly with rising prices of resources like paper, which means rising prices of books, and a corresponding fall in quality of the end product.
Almost everyone who writes, and most of those running small publishing companies, have to find other means of earning a living. I have colleagues who lecture, who teach in schools, who are alternative therapy practitioners, who follow quite different full time careers and write on the side. Creativity will find a way. I deal in antique textiles and toys from an Etsy store called the 200 Year Old House.
And now, I self publish on Amazon under my own Dyrock Publishing imprint, eBooks and paperbacks, with some excellent professional design and formatting help from a company called Lumphanan Press. I make no fortunes, but there's always the faint possibility that something will take off and bring in some real income.
I'll leave you with three things to think about.
Getting an agent doesn't automatically mean that you will get a publishing deal these days. Don't waste years of good writing time submitting endless query letters to agencies and waiting for them to respond.
Most books don't earn out their advances. The system is designed that way. It's perfectly possible for a publisher to profit from a book while the author, even from a mass market success, is paid sixpence a copy, as part of the deal. It's going to take a long long time to earn out even a modest advance at those rates.
When people tell you that there is 'no money in the budget' to pay the creatives, what they mean is that there is, in fact, a budget. They just expect that you'll work for nothing. I still do sometimes work for nothing, but these days it's only for local organisations, small charities, good causes. Places where I can sell my own books. And seldom in winter, when I hibernate. But for big media corporations? Book chains owned by US Hedge Companies? I don't think so. Not any more.
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