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Book Nook provides readers with insights into the world of books. Vick Mickunas takes you into the center of the publishing world with the latest book buzz, book reviews, and exclusive chats with authors..Home > Blogs > Book Nook > Archives > 2010 > August > 21 > Entry
James Patterson is still raking in the cash…
The publishing industry is like almost every other industry these days; under stress; in trouble. Even so, some authors are still raking in the cash. Authors like James Patterson.
According to tabulations for the publishing year that ended on June 1 Patterson earned 70 million dollars last year. Sure, he works hard, he seems to publish a new book every 3 minutes but 70 million smackeroonis?! Wow! That’s some cash.
Here’s the rest of the list of big earning writers over that period:
Stephenie Meyer ($40 million)
Stephen King ($34 million)
Danielle Steel ($32 million
Ken Follett ($20 million)
Dean Koontz ($18 million)
Janet Evanovich ($16 million),
John Grisham ($15 million)
Nicholas Sparks ($14 million)
J.K. Rowling ($10 million) and she didn’t even publish any books over that period.
Wow! There’s still some money to be made in book publishing, at least for some.
Vick Mickunas
Permalink | Comments (2) | Post your comment | Categories: booms and busts
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By vick
August 22, 2010 1:30 PM | Link to this
The numbers are purely financial ones. Janet Evanovich cranks out books at a Pattersonesque pace. She just walked away from St. Martin’s Press (her publisher) and inked a deal with Random House instead. She left St. Martin’s because they refused to accede to her demand for a 50 million dollar advance payment for her next several books. The numbers are not so much in the titles as they are in the contracts these big ticket writers can demand.
By Mark from St Paul
August 22, 2010 12:11 PM | Link to this
I don’t know Evanovich, but don’t all the other authors on that list write the kind of books that often have numbers in their titles? As in Harry Potter #4? Even in publishing the rewards are for those who write popular fiction, not works of literary genius. Capitalism, it seems, is not well suited to rewarding real innovators, at least not in the publishing world.