alg: (Default)
anna genoese ([personal profile] alg) wrote2006-04-20 02:05 pm

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

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.

[identity profile] alg.livejournal.com 2006-04-20 11:42 pm (UTC)(link)
To this day, I don't know for certain how many copies sold or if it earned back its advance. I'm assuming not.

They are required by law and your contract to give you copies of your royalty statement, which should tell you exactly how many copies sold!