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	<title>Comments on: ECONOMICS OF PUBLISHING</title>
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		<title>By: jen</title>
		<link>http://www.outsidethebeltway.com/archives/economics_of_publishing/comment-page-1/#comment-1737</link>
		<dc:creator>jen</dc:creator>
		<pubDate>Wed, 31 Dec 1969 18:00:00 +0000</pubDate>
		<guid isPermaLink="false">/?p=1880#comment-1737</guid>
		<description>Did Thomas get a $1 or $1M advance for his book? Just for clarification, because you said $1 and think you meant $1M.

Personally, I don&#039;t think Hillary&#039;s book is going to sell that well in hardback. S&amp;S may make their money on the paperback, but they&#039;re not usually sold for $14 as you said but for more like $7-8. At least the paperbacks I&#039;m buying aren&#039;t more than that.</description>
		<content:encoded><![CDATA[<p>Did Thomas get a $1 or $1M advance for his book? Just for clarification, because you said $1 and think you meant $1M.</p>
<p>Personally, I don't think Hillary's book is going to sell that well in hardback. S&#038;S may make their money on the paperback, but they're not usually sold for $14 as you said but for more like $7-8. At least the paperbacks I'm buying aren't more than that.</p>
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		<title>By: James Joyner</title>
		<link>http://www.outsidethebeltway.com/archives/economics_of_publishing/comment-page-1/#comment-1738</link>
		<dc:creator>James Joyner</dc:creator>
		<pubDate>Wed, 31 Dec 1969 18:00:00 +0000</pubDate>
		<guid isPermaLink="false">/?p=1880#comment-1738</guid>
		<description>Heh. Yes, that would be $1 million.  A $1 advance would be a good deal for the publisher indeed, although I&#039;ve signed books with no advance.</description>
		<content:encoded><![CDATA[<p>Heh. Yes, that would be $1 million.  A $1 advance would be a good deal for the publisher indeed, although I've signed books with no advance.</p>
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		<title>By: Paul</title>
		<link>http://www.outsidethebeltway.com/archives/economics_of_publishing/comment-page-1/#comment-1739</link>
		<dc:creator>Paul</dc:creator>
		<pubDate>Wed, 31 Dec 1969 18:00:00 +0000</pubDate>
		<guid isPermaLink="false">/?p=1880#comment-1739</guid>
		<description>Hey James-

While I am interested in the topic, I can&#039;t claim much first hand knowledge. But I can tell you what I heard Judith Reagan say one time. (And she probably forgot more about the biz then you are I will ever know.)

I forget the venue where she said it, but she said the magic number for political type books was 4 bucks. That is, the author was worth $4 per book. 

So for Hillary to &quot;earn&quot; her 8 million bucks S&amp;S whould have to sell 2 million books. (not gonna happen)

Clarence Thomas would only have to sell 250,000.

From other things I&#039;ve seen in the media, other people in the business are using that same number. I don&#039;t know if they are using the same rule of thumb or an alternative methodology.

For what it is worth.

Paul</description>
		<content:encoded><![CDATA[<p>Hey James-</p>
<p>While I am interested in the topic, I can't claim much first hand knowledge. But I can tell you what I heard Judith Reagan say one time. (And she probably forgot more about the biz then you are I will ever know.)</p>
<p>I forget the venue where she said it, but she said the magic number for political type books was 4 bucks. That is, the author was worth $4 per book. </p>
<p>So for Hillary to "earn" her 8 million bucks S&#038;S whould have to sell 2 million books. (not gonna happen)</p>
<p>Clarence Thomas would only have to sell 250,000.</p>
<p>From other things I've seen in the media, other people in the business are using that same number. I don't know if they are using the same rule of thumb or an alternative methodology.</p>
<p>For what it is worth.</p>
<p>Paul</p>
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		<title>By: James Joyner</title>
		<link>http://www.outsidethebeltway.com/archives/economics_of_publishing/comment-page-1/#comment-1740</link>
		<dc:creator>James Joyner</dc:creator>
		<pubDate>Wed, 31 Dec 1969 18:00:00 +0000</pubDate>
		<guid isPermaLink="false">/?p=1880#comment-1740</guid>
		<description>Paul: Interesting.  It sounds about right to me although, again, we don&#039;t have the capability to sign million dollar advances and are operating in a different market at Brassey&#039;s.  My calculations were intentionally generous to Hillary to compensate.</description>
		<content:encoded><![CDATA[<p>Paul: Interesting.  It sounds about right to me although, again, we don't have the capability to sign million dollar advances and are operating in a different market at Brassey's.  My calculations were intentionally generous to Hillary to compensate.</p>
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		<title>By: Lynn S</title>
		<link>http://www.outsidethebeltway.com/archives/economics_of_publishing/comment-page-1/#comment-1741</link>
		<dc:creator>Lynn S</dc:creator>
		<pubDate>Wed, 31 Dec 1969 18:00:00 +0000</pubDate>
		<guid isPermaLink="false">/?p=1880#comment-1741</guid>
		<description>If I decide that I simply &lt;i&gt;must&lt;/i&gt; read I&#039;ll get on the waiting list (HA) at the library. Actually PAY for a book by Hillary? No way!</description>
		<content:encoded><![CDATA[<p>If I decide that I simply <i>must</i> read I'll get on the waiting list (HA) at the library. Actually PAY for a book by Hillary? No way!</p>
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		<title>By: camedwards.com</title>
		<link>http://www.outsidethebeltway.com/archives/economics_of_publishing/comment-page-1/#comment-1742</link>
		<dc:creator>camedwards.com</dc:creator>
		<pubDate>Wed, 31 Dec 1969 18:00:00 +0000</pubDate>
		<guid isPermaLink="false">/?p=1880#comment-1742</guid>
		<description>&lt;strong&gt;Buying Hillary&lt;/strong&gt;
Outside the Beltway has a great column on why Hillary&#039;s new book most likely will be a financial loser....

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		<content:encoded><![CDATA[<p><strong>Buying Hillary</strong><br />
Outside the Beltway has a great column on why Hillary's new book most likely will be a financial loser....</p>
<p>---</p>
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