Simon & Schuster paid Hillary Clinton a staggering $14 million in advance royalties for her book, Hard Choices. That may turn out to be a money-losing hard choice for Simon & Schuster.
The book retails for $35. If she gets 20% of the retail sales price, the publisher must sell two million copies. But the book sold a paltry 60,000 hardback copies in the first week.
The publisher touted 100,000 sales, but this counted e-books. That’s a bad sign.
A worse sign is that it has fallen out of the top ten list on Amazon, where you can buy a copy for $21. If Simon & Schuster pays her 20% of retail, the royalty payment will take a big chunk out of the profits.
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4 comments:
Didn't buy it. Won't read it.
Who cares about propaganda from a lying scumbag, what difference does it make??
There is a big pile of them at same club. Only one copy of Ben Carson's book on the shelf.
I'm waiting to pick one or two up from the trash and use it to sight in my new ar-15 with a 30 round mag.
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