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

[whitemunin.livejournal.com]

Excellent post, Anna. It just warmed my accountant heart to no end. And the numbers tell an intimidating story. There is a great deal riding on the sale of a book. The upfront capital alone just to get it to market is amazing.