Remember the PLRC, people. Fewer libraries equals fewer loans equals less money for you. British authors, particularly genre authors, are quaking at their 6p per loan loss. It adds up.
A 2007 survey by the Authors’ Licensing and Collecting Society found that the average income for an author in the UK was £16,531, and that the top 10% of authors earn more than 50% of total income, while the bottom 50% earn less than 10% of total income.
“PLR is very important to people who are having hiccups in their career, and pretty important for newly published authors as well,” said Haddon. “The division between bestsellers and everyone else is huge. Publishers seem to me to be looking for the next big thing, and if you don’t produce huge sales in your first couple of books you’re gone. There’s never going to be a Dick Francis, who took seven books to get off the launch pad, because your publisher won’t stand by you that long. The point about PLR is that actually it will help to feed the author while they’re trying to find another voice, or genre, or pen name, because that’s what they have to do.”
The DCMS said it would not speculate about future spending decisions.