The Book Business continues to Evolve

The economics of the book business are changing so rapidly the publishing industry barely looks like it did just six months ago.

Divining the profitability of a book is a mysterious art. But basic book economics suggest an e-book is more profitable than a hardcover, even at substantially lower consumer prices, due mostly to the inventory and return costs associated with physical books.

READ MORE FROM WALL STREET JOURNAL BLOG

Please note: I reserve the right to delete comments that are offensive or off-topic.

Leave a Reply

Your email address will not be published.