Re: Yes Stephen king made a profit

["Anthony Watkinson" <anthony.watkinson@btinternet.com>]

Chuck,

It is great to know Stephen King made a profit but I am puzzled by the
profit calculation which seems to me a little like the cost-recovery
models so popular in certain circles.

Normally Mr. King hands over his book to the publisher and then it is the
job of the publisher. I am sure he does author signings and interviews but
I would guess that someone whose prestige has been built up by his
collaboration with his past publishers to such a high level does not need
to involve himself in promotional exercises if he does not want to.

I wonder how much the time he spent on this e-book, other than the writing
of it, might be costed at the rate he normally receives in royalties and
if there is still a profit. Of course there is also the opportunity cost.
While he was doing all the extra work I am projecting he could have
written another best seller.

Anthony Watkinson

----- Original Message -----
From: Hamaker, Chuck <cahamake@email.uncc.edu>
To: <liblicense-l@lists.yale.edu>
Sent: Monday, March 05, 2001 10:29 PM
Subject: Yes Stephen king made a profit


> http://www.stephenking.com/PlantNumbers_010101.html
> The Plant
>
> King took in gross E-receipts of $721,000. After deducting compositing and
> design services, advertising, and Web hosting costs totaling $257,000,
> King netted over $463,000.