From the latest Author Earnings Report over at http://www.authorearnings.com:
‘When we look at just debut authors from the past five years, we find more indie authors now earning a $50K-or-better living wage than all of their Big Five and Small/Medium publisher peers put together… even after we throw in that overgenerous 2x multiple for traditionally-published non-Amazon revenue.’
Looks like it was a smart business model to keep our author rights, hey Cracker? Now, all we’ve gotta do is get our audio books and foreign rights happening and we can split the 50K profits, whaddaya reckon?
growing up writing 