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: How paperbacks came to be sold like magazines

[roadnotes.livejournal.com]

I am impressed with the clarity of this explanation, and gobsmacked by the concept of pnh typing "OMG! SQUEE!"

The universe is indeed a strange and wonderful place.

Re: How paperbacks came to be sold like magazines

[alg.livejournal.com]

HAHAHA. YES. I had a similar reaction. And then I pictured him saying it out loud, and was helplessly in thrall to giggling.