'Fifty Shades of Grey' Author Earns $50 Million ---- U.S. sales of the "mommy porn" trilogy hit 20 million copies.
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As of July 2, sales stood at 9.8 million paperbacks and 9.6 million ebooks for a total of 19.4 million copies sold. Add in another 12 million books sold abroad, and worldwide sales top 31 million copies since Vintage published the three-book series in March.
Such sales figures for a hit series are not unusual -- the Twilight series saw similar sales figures by the publication of the fourth and last book in series -- but what is shocking is the speed at which Fifty Shades has hit the 20 million-copy plateau. It took Twilight more than three years to hit that mark; Fifty Shades did it in less than six months.
The sales are producing enormous earnings for author E.L. James. Using roughly standard royalty rates of 7 percent for paperbacks and 25 percent for ebooks James has earned $35 million on U.S. book sales alone. Add in the $5 million she received for the movie rights from Focus Features, and her take is up to $40 million. International royalties are harder to assess, but even a conservative assessment of $1 per book puts James’ international earnings at more than $11 million.
James’ total take for Fifty Shades in less than six months? At least $50 million and counting.
Not bad for a project that started as a takeoff on Twilight posted to a fan fiction site and written to help James deal with her “midlife crisis.”
SOURCE : http://www.hollywoodreporter.com/news/fifty-shades-grey-author-earns-50-million-346614
#WERRKKKKKKKK, ALSO WHERE THE HECK IS THE FIFTY SHADES OF GREY TAG???? #HOWFLOP TBH
As of July 2, sales stood at 9.8 million paperbacks and 9.6 million ebooks for a total of 19.4 million copies sold. Add in another 12 million books sold abroad, and worldwide sales top 31 million copies since Vintage published the three-book series in March.
Such sales figures for a hit series are not unusual -- the Twilight series saw similar sales figures by the publication of the fourth and last book in series -- but what is shocking is the speed at which Fifty Shades has hit the 20 million-copy plateau. It took Twilight more than three years to hit that mark; Fifty Shades did it in less than six months.
The sales are producing enormous earnings for author E.L. James. Using roughly standard royalty rates of 7 percent for paperbacks and 25 percent for ebooks James has earned $35 million on U.S. book sales alone. Add in the $5 million she received for the movie rights from Focus Features, and her take is up to $40 million. International royalties are harder to assess, but even a conservative assessment of $1 per book puts James’ international earnings at more than $11 million.
James’ total take for Fifty Shades in less than six months? At least $50 million and counting.
Not bad for a project that started as a takeoff on Twilight posted to a fan fiction site and written to help James deal with her “midlife crisis.”
SOURCE : http://www.hollywoodreporter.com/news/fifty-shades-grey-author-earns-50-million-346614
#WERRKKKKKKKK, ALSO WHERE THE HECK IS THE FIFTY SHADES OF GREY TAG???? #HOWFLOP TBH