An item on this morning’s news said that the creative industries – arts, showbiz etc. - make a bigger contribution to the UK economy than the financial ones. I fear this will only perpetuate the myth that writers are rolling in it. A survey by the ALCS of 25,000 authors found that their average salary was 30% lower than the national average wage. Take your Dan Browns out of the mix and it’s a sorry scene.
A publisher I met at Hay told me that even if an author sells out a complete print run of 2000 hardbacks and 5,000 paperbacks he is unlikely to cover his advance. I’m not half-way towards mine yet – which means I worked three years at less than a pound a day. So you have to wonder who gets it - do publishers put their kids through college and pay off their mortgage on a quid a day? Fortunately, as the DG never fails to remind me, we don’t do it for the money.
Into each reign some life must fall. It’s the interregnum: the Gordon and Tony show. Tony, who, having taken the nation into two wars, committed it, on his last day in office, to serve the Euro-bureaucrats in Brussels – presumably with the intention of becoming one of them - and then went off to see the pope, seeking either absolution or sainthood. He should be in The Hague explaining himself to the International Criminal Court: 'well... y'know... I mean...' And, fresh from charm school, Gordon - our incoming PM, who, having devolved even more powers to Scotland, now wants to colonise England.
A market update item from Travelwriter Marketletter: 'Success magazine has filed for Chapter 11 bankruptcy reorganization'.
You just can't depend on anything any more.