Several of the comments in the blogsphere during the Macmillan-Amazon dust-up focused on the point I and others had raised about the fact that, depending on the publisher, from thirty to sixty percent of all books lost money and that those losses were made up by the better-selling books. A number of commenters to various blogs essentially protested that publishers shouldn't be "subsidizing" books that couldn't carry their own weight, so to speak. At the time, I didn't clarify this...
Published on March 12, 2010 08:37