A Note on Traditional Publishing

In today’s Journal * Quotes of the Day * A Note on Traditional Publishing * I’ve Been Fretting * Of Interest Quotes of the Day “[O]f the 58,000 trade titles published per year, fully half of those titles ‘sell fewer than one dozen books.‘ (Not a typo, that’s one dozen.) More broadly, 90 percent of titles sell fewer than 2,000 units. Even a small advance of a few thousand dollars would not earn out at standard royalty rates.” Dean Wesley Smith, quoting directly from the Hot Sheet (emphasis added). “The story so far: in the beginning, the universe was created. … Read more