Episode 176: Did 1/2 of books published in 2021 really sell fewer than 12 copies?

Last week a tweet appeared, interpreting testimony from the Penguin Random House/DOJ trial to mean that half of all books published sell fewer than a dozen copies! Quickly, it went viral and people shared their opinions about whether or not this is real. Soon, experts were commenting on this. Where did this statistic come from? Is it true? What can we learn from it? How can it better inform your own publishing?************Thank you for watching the People's Guide to Publishing vlogcast!  Get the book: https://microcosmpublishing.com/catal...Get the workbook: https://microcosmpublishing.com/catal...More from Microcosm: http://microcosmpublishing.comMore by Joe Biel: http://joebiel.netMore by Elly Blue: http://takingthelane.comSubscribe to our monthly email newsletter: https://confirmsubscription.com/h/r/0...Find us on social mediaFacebook: http://facebook.com/microcosmpublishingTwitter: http://twitter.com/microcosmmmInstagram: http://instagram.com/microcosm_pub************