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

[authorm.livejournal.com]

Nevertheless, I'm glad you're sharing this.

Writing is an art. Publishing is a business. Writers still need to have their heads out of their butts when it comes to the business part.

[godmoma.livejournal.com]

one would assume that, as with any other person making a living on some form of artistic talent, this is where having a good agent comes in handy :)

God knows I wish I could just sit and create all day and not have to deal with customers, rent, bills, and the likes ;)