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

Re: experienced agent??

[alg.livejournal.com]

My thought is that everyone should have an advocate who is either an agent or an entertainment lawyer. My next thought is that you should make sure your agent *is* a good agent by doing your research. And to remember that finding a good agent is like finding your spouse or therapist or GP -- it will take some time and some "dating". You probably won't get it right on the first try.