Quote:
Originally Posted by Worldwalker
That's one of the reasons I keep harping on Baen, even though I dislike their politics: They've figured out how to keep the money coming. They don't depend on NYT bestsellers (though they've had several). They find good authors and sell their books in paper and electronic formats at a fair price. They pay fair advances to authors who know their books will earn out their advance, so everyone makes money. And they keep on doing it. They're not in trouble; they're growing instead of struggling. They've found a way to make money off books: give readers what they want to buy, and give authors what they need to sell. Unlike the big publishers, they're not betting against house odds (remember, house odds built Las Vegas). And, not surprisingly, it's working.
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I know Baen is popular among some e-book readers, but is Baen notably more successful than other publishers? Is there any published data on earnings, profits, etc?