Indie authors earn 'up to double' the amount of those who are traditionally published
Published: 23 June 2023
Research insight
Self-published ‘indie’ authors are earning up to double the amount of those using traditional publishing models, according to analysis by the UofG’s CREATe.
This groundbreaking research sheds light on the financial prospects of authors who choose to independently publish their work. The study indicates that those who take the self-publishing route have been able to achieve significantly higher earnings.
The University of Glasgow's UK Copyright and Creative Economy Centre (CREATe), renowned for its expertise in copyright and the creative economy, provided insightful analysis to further comprehend the implications of this phenomenon. The study marks the first of its kind to comprehensively explore this aspect on a global scale.
These findings underscore the growing success and viability of independent publishing as a lucrative avenue for authors. With the support of Self-Publishing Formula's sponsorship, the study not only highlights the financial advantages of self-publishing but also underscores its potential to disrupt traditional publishing models.
The research conducted by the University of Glasgow's CREATe in collaboration with the Alliance of Independent Authors and sponsored by Self-Publishing Formula provides valuable insights into the financial landscape of the publishing industry, offering a glimpse into the increased earning potential for self-published authors compared to those following conventional publishing approaches.
First published: 23 June 2023