Dude. You were good in short format. You are great in long format. I am so glad you dared to go out on your own. If I'm in the UK and I'm in the position to go to a store that is yours I'm going to buy something. Seriously I started reading again because of you. Please, please keep it up. I wish you so much success.
Enlightening information. Yes, I made it to the end. Yes, your videos are amazing. Yes, I would like to hear about how other authors faired in their lifetime.
I'd be interested in hearing about how the publishing industry had evolved by the time Charles Dickens was selling his work.- how being serialized positively affected his profits, wouldn't that format ensure no readers borrowed his work while it was coming out - and how being a man played into the marketing success of his works, since obviously Austen was unable to carry out many personal efforts to support her own sales.
@@oliversissonphone6143 Sense and sensibility 140£= £9,472.15 61£= £3,544.79 Pride and prejudice 110£= £6,553.06 Missed out on: Aprox. £122,033.80 Mansfield Park £320=£21,345.68 Costs of second edition: £15,408.92 Loss- 18£= £12,140.36 Emma Cost: £471= £35,128.99 Profit: £16,483.03 Had she lived to 1820: £371= £30,035.61 I used her death year as an in her lifetime total, so it’s probably a little off. But lifetime total: £670= £48,078.32
Are you sure, Tom? £670-odd pounds. Is that really £8000 now? No, about £80,000 pounds if I'm not mistaken. £200/year was enough as a modest private income in this period, and I think equates to about £20k now. [The Bank of England inflation calculator reckons £670 in 1819 equates to £48,900 now]
It’s a mistake I corrected in the subtitles to that section. I of course mean £8,000 a year. The £670 she earned over 1811-1817 works out at roughly £8,000 annually
Or you could look at it a different way and say the average wage back in 1811 could be around £15 a year so if she made £140 on the first book then It would be equal to around 10 years wages so the buying power of the money would be a lot more than working out the price today. And if you take the average wage today £35,000 it would be around £350,000. Also the books cost 15 shillings which would cost around £75 plus today so she would have taken £75,000 less fees so she could have made around £40,000 from sales .. there's lots of ways to work out values but I think she would have made a lot more than just the inflation figure..
Tom, It's the centenery of Marie Corelli's death. She was the BIGGEST author of the Victorian era (bigger than Dickens). Would be good for you to do a piece on her?
Great information. I'm surprised she earned so little. A quick google suggests a laborer of the period, if employed full time, would have earned a bit over 45 pounds a year, so Ms. Austen at least picked some nice pin money.
You mentioned Maria Edgeworth--how did Austen's publishing ventures compare to other women authors (English) in her day and at the entry level she was at? Did they self publish at first, and anonymously?
The printing of the Russian novelists - especially such long books and all of their materials? Specifically Dostoevsky's The Brothers Karamazov. Thanks!
That was so interesting, although a little sad knowing how beloved her works have become since. I’d be curious to find out if the Brontë sisters profited off of their own works in their lifetime.
Goodness! I will never be a Jane Austen, but I now don't feel quite so badly about my own meagre royalties from my 35 published works! Austen and I are about on par with one another. I'd very much enjoy hearing this same run-down for Oscar Wilde and E.M. Forster. Thank you for the quality content.
I used the online Bank of England inflation calculator and went through the video in order. Sense and sensibility 140£= £9,472.15 61£= £3,544.79 Pride and prejudice 110£= £6,553.06 Missed out on: Aprox. £122,033.80 Mansfield Park £320=£21,345.68 Costs of second edition: £15,408.92 Loss- 18£= £12,140.36 Emma Cost: £471= £35,128.99 Profit: £16,483.03 Had she lived to 1820: £371= £30,035.61 I used her death year as an in her lifetime total, so it’s probably a little off. But lifetime total: £670= £48,078.32
This was quite interesting in many ways, because many of us are not involved in book publishing, so it's a view 'behind the curtain '. What I found missing is a translation between the financial benefit/loss of 100 pounds of 1815 and 100 pounds of 2024. At the end of your video, you give us 'equates to an annual salary of about 10,000 pounds', but again, it's hard to infer how rich or poor that left her. All said, I really enjoyed this deep dive into early 19th C publishing.
How much is one pound in 1811 - 1820 would be worth about 122 pounds today in 2023 pounds. So 201 pounds profit in 1822 is about 24.000 pounds profit today.
Wow, Jane Austin had it bad than Mary Shelley and Beatrix Potter. Since if you compare on who actually got royalties on publication from her time to now, Jane Austin is probably the only one that never gotten any money back fully. Beatrix Potter had good help with the younger brother of the publisher she went, and got royalties income from. Even if Beatrix have past, she made terms and conditions that the place she bought to persevere, is getting income money from re-prints later. Sadly, Jane Austin died young, but knew her books is well received now from buying and borrowing in this day and age. And she is different from the authors that came before her or after.
Loving the long format videos. Cannot get enough book history in my life. Definitely more videos like this so I can feel better about how pitiful authors are still paid. (I can now finally boast about having something in common with Austen!)
This was fascinating. Thank you for putting in the work on this one. Who benefits from current sales if her books. In other words who have I been supporting with all my JA purchases?
Excellent breakdown - wonder what happened to all the unsold copies? Anyway, would love for a similar video on either (or both) Wilkie Collins and Anthony Trollope. I know the latter's late novels didn't sell well, but considering the Barchester and Palliser volumes, well....
Thank you for some of the most fantastic content on “book tube,” Tom! I’d love to see the breakdown in profit that George Orwell saw. I know it was a real struggle until “Animal Farm” did well and “Nineteen Eighty Four” exploded because of the American printing, but I don’t have a great grasp of the size of the print runs as he progressed through his career! I especially think it’s interesting because of the conflict with Gollancz, where Orwell owed his publisher the right of first refusal and the publisher put up road blocks because he didn’t want to let anything critical of Communism come out.
Oh lourdy, if Ms Austen lives today and see the state of the publishing industry. From normal novels to comics, she would shudder at the level of piracy happening. Well, not just for that aspect but for the reason why piracy had to happen. XD
Dickins would be interesting to see a breakdown of, though any Lords or Ladies would also be interesting, since they were really unlikely to need the money from the book sales, so would they be as concerned with profits?🤔
I would say that it is a little unfair to compare profits back then to today. Today's world is very different, from a much larger population base, to a much broader level of formal education across the population, easy access to international markets and much cheaper publishing costs including online marketing and audio books etc, I think would make authors such as Austin and her contemporaries see a very different outcome. I would be very interested to know more about the history bibliomania and its impact on the publishing trade. You touched on Austen's regard toward libraries; I would like to know more around that!
The market is also saturated to a wholly other degree than in Austen's time, not to mention that there are alternative forms of entertainment that compete with literature, such as cinema and video games.
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Dude. You were good in short format. You are great in long format. I am so glad you dared to go out on your own. If I'm in the UK and I'm in the position to go to a store that is yours I'm going to buy something. Seriously I started reading again because of you. Please, please keep it up. I wish you so much success.
Thanks so much! I will be keeping up the videos!
Enlightening information. Yes, I made it to the end. Yes, your videos are amazing. Yes, I would like to hear about how other authors faired in their lifetime.
Same!
I'd be interested in hearing about how the publishing industry had evolved by the time Charles Dickens was selling his work.- how being serialized positively affected his profits, wouldn't that format ensure no readers borrowed his work while it was coming out - and how being a man played into the marketing success of his works, since obviously Austen was unable to carry out many personal efforts to support her own sales.
I wish he translated the money from 1811 £ to 2024 £
@@oliversissonphone6143 He certainly did at 9:12
@@oliversissonphone6143 Sense and sensibility
140£= £9,472.15
61£= £3,544.79
Pride and prejudice
110£= £6,553.06
Missed out on: Aprox. £122,033.80
Mansfield Park
£320=£21,345.68
Costs of second edition: £15,408.92
Loss- 18£= £12,140.36
Emma
Cost: £471= £35,128.99
Profit: £16,483.03
Had she lived to 1820: £371= £30,035.61
I used her death year as an in her lifetime total, so it’s probably a little off. But lifetime total: £670= £48,078.32
Are you sure, Tom? £670-odd pounds. Is that really £8000 now? No, about £80,000 pounds if I'm not mistaken. £200/year was enough as a modest private income in this period, and I think equates to about £20k now. [The Bank of England inflation calculator reckons £670 in 1819 equates to £48,900 now]
John you're absolutely correct. I knew it somehow seemed off when Tom brought up the final totals. I just had to double-check for myself.
It’s a mistake I corrected in the subtitles to that section. I of course mean £8,000 a year.
The £670 she earned over 1811-1817 works out at roughly £8,000 annually
@@tomwayling, thanks, Tom!
Or you could look at it a different way and say the average wage back in 1811 could be around £15 a year so if she made £140 on the first book then It would be equal to around 10 years wages so the buying power of the money would be a lot more than working out the price today. And if you take the average wage today £35,000 it would be around £350,000. Also the books cost 15 shillings which would cost around £75 plus today so she would have taken £75,000 less fees so she could have made around £40,000 from sales .. there's lots of ways to work out values but I think she would have made a lot more than just the inflation figure..
Gotta do this for Charles Dickins surely.
Maybe the Brontë sisters as well
Agreed.
Tom, It's the centenery of Marie Corelli's death. She was the BIGGEST author of the Victorian era (bigger than Dickens). Would be good for you to do a piece on her?
Thomas Carlyle??
Maybe you could do Alexander Dumas, Victor Hugo or J R R Tolkien. Love your videos.
Great information. I'm surprised she earned so little. A quick google suggests a laborer of the period, if employed full time, would have earned a bit over 45 pounds a year, so Ms. Austen at least picked some nice pin money.
You mentioned Maria Edgeworth--how did Austen's publishing ventures compare to other women authors (English) in her day and at the entry level she was at? Did they self publish at first, and anonymously?
I would love to know more about Louisa May Alcott's publishing experience?!
That was such an interesting idea for a video. Would love to see the same for more authors
The printing of the Russian novelists - especially such long books and all of their materials? Specifically Dostoevsky's The Brothers Karamazov. Thanks!
The bronte sisters or mary shelley
I have always had a interest in peculiar and odd facts. This video covers that perfectly.
So interesting.
I'm curious about Louisa May Alcott and what she made 😊
But what has she done recently? Flash in the pan I say.
That was so interesting, although a little sad knowing how beloved her works have become since.
I’d be curious to find out if the Brontë sisters profited off of their own works in their lifetime.
Would love to see a video about The Bronte's.
Tom, is it me or does it seem that Jane Austin seems to be more popular than The Brontes?
Goodness! I will never be a Jane Austen, but I now don't feel quite so badly about my own meagre royalties from my 35 published works! Austen and I are about on par with one another. I'd very much enjoy hearing this same run-down for Oscar Wilde and E.M. Forster. Thank you for the quality content.
I used the online Bank of England inflation calculator and went through the video in order.
Sense and sensibility
140£= £9,472.15
61£= £3,544.79
Pride and prejudice
110£= £6,553.06
Missed out on: Aprox. £122,033.80
Mansfield Park
£320=£21,345.68
Costs of second edition: £15,408.92
Loss- 18£= £12,140.36
Emma
Cost: £471= £35,128.99
Profit: £16,483.03
Had she lived to 1820: £371= £30,035.61
I used her death year as an in her lifetime total, so it’s probably a little off. But lifetime total: £670= £48,078.32
virginia woolf
Wow you did an outro. Havent seen that before lol.
Sure Tom any author your passionate about lets hear about them all ♡
Could you please recommend me one library to visit. I'm visiting London and Oxford. Something old and accessible to general public.
This was quite interesting in many ways, because many of us are not involved in book publishing, so it's a view 'behind the curtain '. What I found missing is a translation between the financial benefit/loss of 100 pounds of 1815 and 100 pounds of 2024. At the end of your video, you give us 'equates to an annual salary of about 10,000 pounds', but again, it's hard to infer how rich or poor that left her. All said, I really enjoyed this deep dive into early 19th C publishing.
How much is one pound in 1811 - 1820 would be worth about 122 pounds today in 2023 pounds. So 201 pounds profit in 1822 is about 24.000 pounds profit today.
Charlotte Smith and Katherine Mansfield and Oscar Wilde, please.
Wow, Jane Austin had it bad than Mary Shelley and Beatrix Potter. Since if you compare on who actually got royalties on publication from her time to now, Jane Austin is probably the only one that never gotten any money back fully. Beatrix Potter had good help with the younger brother of the publisher she went, and got royalties income from.
Even if Beatrix have past, she made terms and conditions that the place she bought to persevere, is getting income money from re-prints later.
Sadly, Jane Austin died young, but knew her books is well received now from buying and borrowing in this day and age. And she is different from the authors that came before her or after.
Hi . The concept of this video is excellent. How about a video about Jules Verne or Arthur Conan Doyle?
Loving the long format videos. Cannot get enough book history in my life. Definitely more videos like this so I can feel better about how pitiful authors are still paid. (I can now finally boast about having something in common with Austen!)
Wondering what happened to the unsold copies of Mansfield Park. Do any ever turn up?
This was fascinating. Thank you for putting in the work on this one. Who benefits from current sales if her books. In other words who have I been supporting with all my JA purchases?
Can you do Sir Arthur Conan Doyle and the Sherlock Holmes series?
Very interesting. Could you do the same for Anthony Trollop?
Great Video! I would nominate Charles Darwin for the next one!
Your videos are always so fascinating. I love that you can hear your passion and interest in the subjects.
Soooo…. interesting. Thank-you!
How about sir Arthur Conan Doyle.
Yes. Dickens and Stevenson
Excellent breakdown - wonder what happened to all the unsold copies? Anyway, would love for a similar video on either (or both) Wilkie Collins and Anthony Trollope. I know the latter's late novels didn't sell well, but considering the Barchester and Palliser volumes, well....
Thank you for some of the most fantastic content on “book tube,” Tom! I’d love to see the breakdown in profit that George Orwell saw. I know it was a real struggle until “Animal Farm” did well and “Nineteen Eighty Four” exploded because of the American printing, but I don’t have a great grasp of the size of the print runs as he progressed through his career! I especially think it’s interesting because of the conflict with Gollancz, where Orwell owed his publisher the right of first refusal and the publisher put up road blocks because he didn’t want to let anything critical of Communism come out.
Oh lourdy, if Ms Austen lives today and see the state of the publishing industry. From normal novels to comics, she would shudder at the level of piracy happening. Well, not just for that aspect but for the reason why piracy had to happen. XD
firstt
Dickins would be interesting to see a breakdown of, though any Lords or Ladies would also be interesting, since they were really unlikely to need the money from the book sales, so would they be as concerned with profits?🤔
😊
Oh, yes, please, do make more videos of this type. They are jolly good and great fun to watch.
What a fascinating piece of publishing history! Thanks for sharing.
I wonder how much those sums would be today.
He says near the end.
I would love to see one inf Franz. Kafka
thanks for this episode. this is very interesting. the things.
Fascinating video! Thanks!
Such a great video Tom!
One on Tolkien would be a treat 😊
Great video
I would say that it is a little unfair to compare profits back then to today. Today's world is very different, from a much larger population base, to a much broader level of formal education across the population, easy access to international markets and much cheaper publishing costs including online marketing and audio books etc, I think would make authors such as Austin and her contemporaries see a very different outcome. I would be very interested to know more about the history bibliomania and its impact on the publishing trade. You touched on Austen's regard toward libraries; I would like to know more around that!
The market is also saturated to a wholly other degree than in Austen's time, not to mention that there are alternative forms of entertainment that compete with literature, such as cinema and video games.
She was a female writer living in a feminist society. That's all you need to know.