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The Really Successful Novelist.

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The novelist who once really gets himself talked about, or, in other words, sells at least ten thousand copies of a book, and who is capable of living up to his reputation, soon finds that he is on a bed of roses. For serial rights in England and America he may get fifteen pounds per thousand, making twelve hundred pounds for an eighty-thousand-word novel. For book-rights he will be paid at the rate of about seventy-five pounds per thousand copies of the circulation; so that if his book sells ten thousand copies in England and five thousand copies in America, he receives eleven hundred and twenty-five pounds. Baron Tauchnitz will give from twenty-five to fifty pounds for the continental rights, and the colonial rights are worth something. The grand total for the book will thus be quite two thousand four hundred pounds. This novelist will probably produce three novels in two years. Magazines will pay sixty pounds apiece and upwards for his short stories, and from time to time the stories will be collected and issued in a volume which is good for a few hundred pounds. By writing a hundred and fifty thousand words a year he will make an annual income of three thousand five hundred pounds. His habit will be to write a thousand words a day three days a week, and on each working day he will earn about twenty-five pounds. All which is highly agreeable—but then the man is highly exceptional.

The case of the novelist who has a vogue of the most popular kind, that is to say, whose books reach a circulation of from fifty to a hundred thousand copies, is even more opulent, luxurious, and lofty. The sale of a hundred thousand copies of a six-shilling novel means that the author receives upwards of seven thousand five hundred pounds. The value of the serial rights of a book by such an author is extremely high in many cases, though sometimes it is nothing. There are ten authors in England who can count on receiving at least four thousand pounds for any long novel they choose to write, and there are several who have made, and may again make, twenty thousand pounds from a single book, which is at the rate of about four shillings a word. And seeing that any author who knows his craft can easily —despite statements to the contrary in illustrated interviews and other grandiose manifestations of bombast—compose three thousand words of his very best in a week, the pecuniary rewards of the first-class “boom” should satisfy the most avaricious and exacting.

The Selected Works of Arnold Bennett: Essays, Personal Development Books & Articles

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