[bert]

I posted this once before but will be kind to FC on a non evolution thread and post it again.

The advance was $8,000,000.

The retail is $28. If the publisher receives all $28/copy the break even is:

$8,000,000/28= 285714.28571428571428571428571429 copies.

A repeating decimal.

Wonder what the break even number is?

[Atlas Sneezed]

Most of them are retailing for 30% off the list price already.

[ewing]

Of course most places are selling it at a discount already..

[chaosagent]

I thought I read that she got $8 mil for the book and the advance was $2 something million.

The normal markup is 40%. The publisher gets 60%, the seller gets $40.

[WOSG]

But of course the publisher *wont* sell that many.

Another way to look at it is this: the $8 million represents an advace on royalties. which means at say 20% royalty ( or .2 * 28 = $5.60 a book), the sales will need to be 8 million/$5.60 or 1.42 million to 'break even' on the advance.

Highly unlikely for this work of fiction.

The publisher otoh, is out 8 million and is likely making 60% of $28 (rest for distribution) or $16/book.
manufacturing costs are at least $6 a book, so the bookseller can clear $10/book. The STILL need to sell 800,000 books JUST TO BREAK EVEN.

Again, highly unlikely for this work of fiction.

Conclusion: The $8 million was a well-disguised payoff. Just like Hillary's $100,000 cattle futures winning was.

Viacom's head is a big supporter of Democrat causes. The 'soft money ban' is in effect. This was an illegal attempt to skirt that.
Viacom stockholders should sue the CEO for deriliction of duty and engaging in violation of political campaign finance laws.

[al baby]

666

[fight_truth_decay]

Retail may be stated at $28 ,but am seeing 30% off stickers on the books.