As a compulsive bookaholic I must admit that I often prefer to spend my money on a book than on an article of clothing, and although I sometimes dislike spending the amount of money that I do on books I must admit that after reading this article, the objects of my addiction don't seem so expensive after all.
The article Profit & liability and how books make (or don't) money: part 1: the mass market original complete failure the article explains how publishers determine the amount of money that they pay authors for their advance and also how books make and don't make money.
Very interesting!
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