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How many copies of a hard cover need to be sold for it to be profitable to the publisher?
I think (perhaps incorrectly) that the increased use of libraries have affected the large publishing company's revenue. I recently discovered that my local library circulated over 1 million items (including audio and video) last year. What percentage of lost sales does that represent? And this is only one small suburban town.
Maybe this is offset by libraries purchasing multiple copies and items but with municipal and state budget constraints this could change. Crazy thought ... publishers actually want libraries to close.
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