May 27, 2012
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Patterson tops list of highest earning authors
22 August 2010 / REUTERS, NEW YORK
The book publishing industry may be experiencing lean times and lower sales, but a new survey shows fat incomes for many of the world’s top authors in the past year.
Bestselling thriller fiction author James Patterson topped the list of high-paid writers released on Friday by Forbes.com, earning $70 million, which includes his latest deal to pen 17 books by the end of 2012 for an estimated $100 million.
The Forbes rankings were based on earnings from books, film rights, television, gaming deals and other income from June 1, 2009, through June 1, 2010.
Vampire romance author Stephenie Meyer, whose “Twilight” series has been adapted into a top-grossing film series, earned $40 million despite not releasing a new book in the time frame of the Forbes.com survey. Stephen King, the horror and suspense perennial bestseller, placed third with $34 million, according to the Forbes survey. His last novel, “Under the Dome”, was released in November, selling 600,000 copies, according to Nielsen BookScan. The full list can be found on www.forbes.com.
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