Books Media

So you want to be a novelist?

Fancy becoming an author? Then don’t give up the day job. BoingBoing links to this survey of novelists’ advances, and it’s clear that writing books is hardly a licence to print money:

The range was from $0-$40,000 for an advance on a first novel.

The average was $6363.

The median advance is $5000. The median figure is a better indicator of what most people consider ‘average.’