[citation][nom]dgingeri[/nom]Most of the expense of textbooks is the writing and producing of them. the cost of manufacturing them is minimal. My current intro to business class book is $150, and the writers likely get $50 of that, with the publisher taking about $70. That actual manufacturing of them is likely only about $10-12, and the remaining $18-20 goes to distribution. That's why most book stores make most of their money from used books. They make almost nothing from new books.[/citation]
Umm.. no. Royalties for academic textbooks like these is probably closer to a $5 per book. Trust me, I cash royalty cheques for my partner who co-wrote one. Book publishers are like video game publishers.. they hold the balance of power and make the balance of the money.
However, the true cost in creating a book is the cost of producing the book (i.e. to pay the salaries of the editors and other staff) and this cost entirely depends on the book since academic books like these are peer-reviewed by other academics who get about $100-$200 per review... Each book is reviewed by 3-6 peers so that too is a minimal cost. Manufacturing and transporting is also a cost, but minimal. I repeat.. publishers make the balance of the money - they are like any other corporation.
Umm.. no. Royalties for academic textbooks like these is probably closer to a $5 per book. Trust me, I cash royalty cheques for my partner who co-wrote one. Book publishers are like video game publishers.. they hold the balance of power and make the balance of the money.
However, the true cost in creating a book is the cost of producing the book (i.e. to pay the salaries of the editors and other staff) and this cost entirely depends on the book since academic books like these are peer-reviewed by other academics who get about $100-$200 per review... Each book is reviewed by 3-6 peers so that too is a minimal cost. Manufacturing and transporting is also a cost, but minimal. I repeat.. publishers make the balance of the money - they are like any other corporation.