Chapter
The Lucrative Business of Book Sales
In the world of publishing, there are multi-billion dollar businesses such as distributor Ingram, while individual books like "The Subtle Art of Not Giving a F*ck" and "Good to Great" have sold millions of copies across various formats, driving profits even further.
Clips
The book industry is a multi-billion dollar business, with companies like Ingram and Amazon making significant profits.
04:58 - 07:28 (02:30)
Summary
The book industry is a multi-billion dollar business, with companies like Ingram and Amazon making significant profits. Meanwhile, authors only receive a small percentage of book sales, regardless of where the book is purchased from.
ChapterThe Lucrative Business of Book Sales
EpisodeRyan Holiday Reveals How Much Best Selling Authors Make, Crazy Peter Thiel Stories & More
PodcastMy First Million
An exploration of how royalty rates work for best-selling books, using examples such as "Good to Great" by Jim Collins and uncovering the impact of sales volume on royalties.
07:28 - 09:51 (02:22)
Summary
An exploration of how royalty rates work for best-selling books, using examples such as "Good to Great" by Jim Collins and uncovering the impact of sales volume on royalties.