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: Movie Biz and Why this isn't totally honest...

[alg.livejournal.com]

You will notice that I say several times throughout both the comment threads and the post itself that this is one example, and should not be taken as the only example, nor as The Word Of The Gods Of Publishing.

The subsidiary rights for books are only profitable for the publisher when they are owned by the publisher, or when they affect the rights owned by the publisher.