How will the pricing of texts work?
Volumes will be priced in such a way as to cover production and marketing costs at the Printer’s end, together with copy-editing, publicity, royalties and other costs incurred by the Publisher (i.e. at the Faculty end). Cost projections based on discussions with the Printer in relation to each project will be considered with the Author at an early stage in its development. The overall aim in the early phase of the scheme will be to price texts in such a way as to avoid making a loss on them. Indeed, consonant with what we think the market will bear, we shall try to make a small profit for the purpose of developing the scheme. We shall also try to avoid subsidising one text by way of another. All texts, ideally, should pay their way.
