P&Ls and how books make (or don't) money

[alg]

Profit & Loss/Profitability & Liability: How Books Make (or Don't Make!) Money

A basic outline of what happens when an editor buys a book and wants to publish it. This is very much a basic look at publishing and publishing finance, with some explanation of terms commonly used by the marketing and sales departments.

Comments

[thecityofdis.livejournal.com]

As an aspiring editor, this is ineffably informative (and sarcastic). Thank you.

[alg.livejournal.com]

As an aspiring editor, you should give up now and go do something else. *g*

That's what we tell all our interns anyway -- don't work in publishing. If you can, do something else. If you can't... well, you'll be in good company.

[thecityofdis.livejournal.com]

I've gotten similar a warning from Holly Black, of all people. And while I'm fairly confident in the fact that I will have more than one career in my life, editing is certainly one of the ones I intend on. You're not rid of me that easily.

Besides, I make great coffee.