Franz Laage

2024 / Apr 24 / 09:24 CEST

No one buys books“ is an analysis of a merger hearing transcript, book publishers talking numbers: „…58,000 titles published in a year and discovered that 90 percent of them sold fewer than 2,000 copies and 50 percent sold less than a dozen copies.“. A few big books drive most of the profit, followed by backlog purchases (Hungry caterpillar, LotR etc.). The only money most authors ever make from their books is the advance paid by the publisher.

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