Quote:
Originally Posted by tompe
A good series of articles. The span from breaking even (10000) to certain bestseller (millions of copies) is worth remembering. It illustrates just how important the best sellers are for the big publishers. And a good point was made that big publishers are good for the readers.
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And how important best sellers are for publishers was the reason the Agency Model was implemented in the first place: the intent was precisely to protect the hardcover best seller. Those are the crown jewels of the industry, generating the most revenue and profit, and having best sellers may mean the difference between showing a profit or having a loss for the year.
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Dennis