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: Share the risk?

[alg.livejournal.com]

E-publishers don't offer an advance -- rather, authors receive ~40% of the "cover price" of every sold "book". I would be very surprised if traditional print publishing (as opposed to print on demand publishing, which I believe works the same as e-press publishing) ever decided to go this route.