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

[iagor.livejournal.com]

Wooo, this is my second article on profit today. Combined lesson learned by self: go write good stuff, so the publishing house doesn't lose too much money.

On a serious note, thank you. Very informative and very well explained.

[alg.livejournal.com]

Unfortunately, as we are so often shown, it is rarely the very good stuff that makes money.

[iagor.livejournal.com]

Yes, but "go write not so good stuff to make money" doesn't make a snazzy slogan :(