Cost to get a Book PublishedCosts for the publication of a book
What does it cost to publish?
Now the Journal of Electronic Publishers (JEP) has a very good edition on the subject of publisher economy, which I commend to everyone. The edition is entitled "Volume 19, No. 1: Economy of Publishing", a useful antavism. I' ve read some of the papers with particular interest because I had an interest: Paul Courant and Terri Geitgey's play about freeloaders in the monographic publication is based partly on information that Karen Barch and I were commissioned by the Andrew W. Mellon Foundation to develop (Karen and I are expecting to have published a review of this information in the Scholarly Kitchen by the end of the year), and I was an early scholar ly Kitchener.
However, regarded as a compilation, all the works here are based on what editing is and what does not correspond to what editors actually do. Our task was not to create a "profit and loss-invoice " for the media, i.e. revenues and other revenue-related issues (such as royalty, which is a feature of revenues) were selected, taken into account and finally eliminated from the definitive review with the sole aim of determining the "true" costs of disclosure per period.
When formulating Smarts, the cost of including writers in the mailing lists does not qualify as publication. This is the result of a very good explanation: royalty payments are varying in cost (the more books you are selling, the more royalty you have to pay): To get to the first copy theory you should not take into account all the cost or revenue incurred after the first copy is made.
Smart (and Nancy Maron in their work) do not absorb publication fees; they record them. That is not just a semantic; manufacturing and publication are different things (production is a part of the publication system in the meaning that a pound of meat is, shall we say, a part of the person).
It is very important to know the cost of manufacturing, and between Smart and Maron the analysis offered is well-balanced. If you want to know what it will cost to post something, you have to look elsewhere. It seems to me that whenever someone speaks about the cost of publication, the discussion takes place in a void.
Join a publisher and ask this question: In other words, publication is about tirelessly searching for the best contents for a particular programme, and the best contents come from the small number of users who can do it. Publishers are highly contested, but it is not so much in the areas of distribution and distribution as in the up-stream, where writers come into the ring every single working days and are committed to eliminating their competitors.
The most obvious (and especially for specialist publishers) is the prepayment and royalty payments. There are even scientific publishing houses, even small college publishing houses, which sometimes make prepayments (some of them are quite large), and almost all book publishing houses sometimes make royalty payments when a book has been selling a certain number of books.
For example, publishers can act on their reputations - the name of the mother institution, the name of the media itself or perhaps the name of a particular programme in the media. There is one academic newspaper that is considered the place of publication on the American South' s story, another for the study of internationals and two or three fighting for the cloak of the best anthropological rank.
I' m not letting the kitty out of the sack, but I will say that if I published in the architectural world, I would know where I would be sending my script; the same applies to US politics (several contestants here, but one is sitting above the other) and the economy. Stubbornness also helps: some books have been bought through the stubbornness of an editorial journalist who follows an writer over a long timeframe.
I am pleased to see the sophisticated, literal, ultra-polite writers at the universities sometimes talking about their rival publishers. Nothing of this is covered by Smart; his analyses address everything except what constitutes publication; and I would like to reiterate that his beliefs are implicit or explicit ely supported by all the essays in this edition of JEP.
Now we know how much it takes to create a scientific autobiography, but how much does it cost to make it public? Publication is best considered with two complimentary parts: front and backlists. This is the front page of your book lists for this year; the back page is the book lists that have been around for a year or more.
A few publishing houses are qualifying this a little (e.g. the front list should be two years, and the back list can be subdivided into current back list and "deep" back list), but the principles are the same. Each book on the front list was once a book on the front list and, with few exception, each book on the front list has a destiny on the back list.
Smart analytics does not cover Lifecycle Cost, although it covers most of the cost on the front list. There are no charges for the backup list. That is important, because the checklist almost always works at a premium, and that applies to both the smallest and the biggest machines. Failure to include the back list in the analyses significantly overestimates the supposed cost of publication to the mother institutes.
However, to come at the expense of the back list (and part of the cost of the front list), you must take into account the cost of generating revenues. These expenses are mainly related to the areas of distribution and merchandising, but also comprise the cost of print and retention as well as the cost of on-line touring. And, of course, you have to take into account what you are paying the writers and consultants.
Indeed, you have to consider all the cost of the media. Now you can see the overall cost of publishing with these utilities in your hands. Suppose a printing machine has a cost of $11 million per year (and a turnover of $10 million, with an operational deficit of $1 million per year).
There are 200 published each year. They then split $11 million by 200 and realize that the cost of releasing on this machine is $55,000 per security. This may seem like an immense amount of cash, but remember that the media has recouped $10 million of the market's overall cost - and you estimate the lifecycle outlay.
A further way to perform this computation is to split the $1 million operational deficit by 200 new accounts per year. We have $5,000, the cost to the mother company of the media per song. Smart's and Maron's numbers are much higher than these because they do not involve offsetting the institution's cost against the market's earnt.
Think of a bigger machine with a cost and return of $20,000,000 per year. There are 300 new tracks, which will cost us $67,000 per track. However, the cost for the mother company is zero because this machine works with a balanced result. Alternatively, we have a smaller machine with a cost of $5 million and a turnover of $4 million.
There are 150 new titles published every year. The price of this newspaper is $33,000 a copy. Expenses for the mother company are $6,700 per share per year. The cost of publication should vary with many things, as well as the total cost and income of the media and the number of published annuals.
Also, the cost for the parents varies: the better the sale and distribution of a newspaper and the bigger the back list, the lower the cost of publication to the mother company. In many cases, the cost to parents is actually a bad figure because the machine is profit.
" He' s looking for a quid of meat, but the actual cost involves the hepatic. It is not possible to analyse the cost of making the first copy of a book outside the overall machine environment. Or at least it can't if you talk about what it needs to be published.
However, there is another thing about it. You can do it for much less than Smart says: All you have to do is give up the cost of recruiting the best writers. This is what we see in the Gold Open Access environment, where PLOS ONE has altered everyone's cost perception by cutting back on editors.
I do not think we need to choose which is better: to consider publication as a pure manufacturing operation or as a question of diligent choice, the market demands being the measure of it.