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Saturday, July 23, 2011

Markets in Everything: Crowd-Funding Books

From The Economist:

"Unbound is a British effort to “crowd-fund” books. Visitors to its website can pledge money for a book that is only part-written. If enough money is raised, the author can afford to finish it—and the pledgers will get a copy.
 
Having launched in May, the firm announced its first success on July 18th. Terry Jones, of Monty Python fame, has secured the funds to finish a book of quirky stories. Handsome edited volumes and e-books will follow."

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