Making music has gotten easier; selling it has gotten harder. Making music has been democratized, but the market is in the hands of fascists.
There's a blockbuster side to Knopf, whether it's P. D. James or John le Carre or our best-selling books. We try to sell our writers as aggressively as those houses regarded as commercial with a capital C.
For decades, Wall Street has charged companies a standard fee of 7 percent to sell their shares to the public.