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

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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: Share the risk?

[(Anonymous)]

I believe R.A. Salvatore (Fantasy writer of some fame) works with a publisher that does much as you say. I seem to remember something akin to this in an interview. I believe his book, THE HIGHWAYMAN, was the first offering from that publisher.

wf