Sarah Palin Book Income Update
By andyrossagencyPublishers Weekly just came out with its list of the best selling books of 2009.
For all of you readers out there who thought that Going Rogue by Sarah Palin was a joke, the joke is on you. Sarah’s publisher, HarperCollins is laughing all the way to the bank. And so is Sarah. Yes. Going Rogue was the #1 non-fiction best-seller of the year. It sold 2,674,684 copies. Nobody else came close.
Ask The Agent made an educated guess that Palin received a $6,000,000 advance for the book. . . . . . . . . .
Now that the sales are in, it is a lot easier to calculate how much Palin actually made on the book and how well her publisher did.
Whatever Palin’s advance was, it was an “advance” against royalties. . . . . . . . . So Palin made $4.34 on each book or a total of $11,608,128.56. Not bad for a book she didn’t even write. She may have paid some of this out to her hack ghost writer. . . . . . . . .
But wait! It gets even better. The numbers we are talking about are for US sales of the hardback version only. It doesn’t include the following: world English sales, translations, e-book sales, electronic apps, movie options, audio books, condensations, serializations, and merchandise (calendars, t-shirts, mugs, video games, and posters). And let’s not forget book club sales. And the Conservative Book Club is . . . . . . . . . . .
But wait! It gets even better. Those numbers are only for sales in 2009. Going Rogue is still a best seller juggernaut. Her Amazon ranking is (as of today) #266 and her Kindle ranking is #573. Trade and Mass Market paperbacks will be rolling out sometime this year. By comparison, the best-selling non-fiction trade paperback in 2009 was Glen Beck’s Common Sense selling over a million copies. . . . . . . . . . .
Feel sorry for the publisher, HarperCollins, for shelling out all that dough for royalties? It’s ok. Don’t worry. Let’s look at publisher costs. . . . . . . . . . . .
I wish I was Palin’s agent. Let’s see….15% of author’s net income. That’s $1,741,219 and counting. Sweeet!
Read the full article here.
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