Dimitrije Curcic

Over the last few years, BookTok emerged as one of the most influential sources of book discoveries and has greatly affected the publishing industry. The platform has enough power to influence overall book sales numbers while helping some authors come out of obscurity and make them best-selling writers.

Impact of books on society 6 minutes of reading can reduce stress levels by two-thirds. Readers are 28% less likely to suffer from depression. For 50% of children between 3 and 8, reading alongside their parents ranks as their favorite activity. Children that read for enjoyment are more positively correlated with better lifetime achievement than by looking at their socio-economic background.

Throughout the publishing industry, there exists a great variation in the amount of money earned by authors and their net worth across different genres. In addition to an author’s perceived level of ability, the manner by which they choose to publish, preceding reputation and personal background can all play a consequential part in the amount of income they generate. Book advances often start at $5,000 from major publishing houses.