Episode 278: Where Does the Money Go in Publishing?

If you hang in certain circles, you'll frequently hear that "Publishers have all the money," which is funny because bookstores get the largest percentage of each sale. But everyone has to pay their staff and operating expenses, and often it's bewildering to watch even the revenues from your bestsellers dwindle into nothingness. So this week on the pod, we look at that illustrious pie chart and talk about how it all disappears so quickly! Please feel free to eat pie during this episode.