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

There's always the Davinci Code

[(Anonymous)]

S&S had a couple of Dan Browns on their backlist, that sold nada on release, but is now generating significant revenue. The central point is that most books are crapshoots.