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

Brava!

[mariongropen.livejournal.com]

I very much liked this entry. You did an excellent job of presenting something that's inherently complex in a simple way, and of translating accounting and math back into English. I have reason to know that it's hard -- I did an article on Single Title P&Ls for an industry newsletter a little while ago, myself. I don't think mine was nearly as accessible.

So, once again, kudos on a grand job.