Publishing Accounting 101
(Originally presented on Twitter on 16 August 2020. Follow us on @spenguin.) I’ve seen a suggestion that publishers are raking it in at creators’ expense. I accept that there are some publishers who may be less than scrupulous in their publishing deals. For the majority of us, particularly smaller publishers, the accounting may come as a surprise. Generally speaking, the cover price for any given book is about 6 to 8 times the cost of…
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