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Reads like something written by another literary snob, to me. Of course publishers are after the next bestseller. They always have been. It doesn't make much sense to go after books the public doesn't want to read.
For a book rep, he has some odd ideas about the numbers.
5,000 copies is not a large print run for an important nonfiction book, it's an average print run. And there will be a second, larger print run, and possible a third and a fourth and a fifth, if it turns out that the public wants to read the book. And 5,000 print run in nonfiction corresponds to a $20,000 advance, which ain't chicken feed.
Most National Book Award winners sell far more than 2,000 copies, at least after they win the award. But so what? He takes this to mean there's something wrong with the taste of the reading public. I take it to mean there's something seriously wrong with how books that win The National Book Award are chosen.
I have no trust in anyone who says "When a book makes a best-seller list it is instantly less interesting to me."
This is just another way of saying "The reading public has no taste, but I have."
I'm serious glad he isn't repping any on my books.