Posts Tagged ‘Publishing’

Greetings from Book Expo America Part II: Publishing is Doomed

It’s 8:30 AM on a Wednesday and I am listening to Karin Slaughter talk about writing. Slaughter—a Jodie Foster-type, Southern, with short, dusty blonde hair—is the keynote speaker at BEA’s Writers Conference and she is quite chipper at this ungodly hour. She has reason to be—she’s one of the few writers who actually sells books.

You see, loyal NPIers, fewer than 1% of books published sell 100,000 copies and something like 90% of books never earn back the money from the advance. You may be wondering how publishers make any money. Well, they basically wait for Dan Brown to sell 87 billion copies of his books. Continue reading