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Bookselling

Books Sold per Hour: Most Authors Suspect Their Rate is Negative

By Nathalie on July 5, 2005 10:43 AM

But then there’s Harry Potter:

Steve Riggio, the chief executive of Barnes & Noble, said the company expected to sell 50,000 of the new Harry Potter book per hour in the first 24 hours after its release. “Less than 1 percent of all books published sell that many copies in a lifetime,” he said.

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