Quote:
Originally Posted by pwalker8
Thanks for the link, but keep in mind that when MacGregor, a literary agent, talks about not earning out and the publisher still making a profit, he's talking about the big sellers. He's not talking about the average author who sells 3,000 books, or even the above average author who might sell 10,000 books. He's also talking hard back prices, rather than paper back prices. Do the math. If the overhead is $50,000 and he assigns $2 per book, he's assuming that the publisher will sell at least 25,000 copies. If you sell 3000 books, the the overhead is actually $16 per book, which is more than what the book sells for.
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If the publisher has a print run of 50,000 hardback books and only sells 3,000 they will certainly make a loss.
But for an average author whose books sell around 3,000 in hardback, with an advance of $10,000, they would not. Because their print run would be around 4,000.