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

[defrog.livejournal.com]

Just wanted to say thanks for posting this, and that yr timing couldn't be better. I've just completed my first novel and and already working on the second, and while I always figured the book publishing game was harder and more complicated than it looked, well ... there's knowing, and there's KNOWING.

Reading this almost makes me want to quit while I'm ahead. Almost. But I'm one of those people who will write stories even if only my small circle of friends ever reads them. So I might as well submit them. Looking forward to future tips and advice.

Cheers,

This is dEFROG