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An author, no matter how good he is, needs a good editor. All the best editors work for the big publishers. That's just fact. There's quite a long period between the editor getting attached to a book project and the book getting released. These guys are expensive. Factor into that marketing, lawyers and crap. There's a lot of people needed to guide a book from the pen to under a reading lamp. The publishing industry is a notoriously ruinous business. It doesn't take many flops to break a renowned house. They need to aim for a tidy profit or they simply won't survive.
It's easy to get ones knickers in a twist if one chooses to see every number as pure profit.
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