Another Perspective On E-book Rights
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If you are in the process of writing your first e-book for your information marketing business, or if you have already written one, it’s good to get another perspective on e-book rights. It’s a legal topic, of course, and I’m not a lawyer, but we’ll look at a couple articles with good information that were published lately.
The first one has to do with crowdfunding licenses for e-books. I know this topic is getting pretty deep, but it’s good to have a place in your brain for it as time goes on. Licensing the rights to your e-book can be a significant source of income to you, especially foreign rights. You don’t want to overlook that fact when you are creating your e-books in the first place.
Beth Kephart posted her article about crowdfunding to release e-book rights to the public on Published Perspectives lately, and she said, quoting Eric Hellman of Unglue.it,” A very popular author might set the price at a million dollars, he says, whereas an author that just wants to cover digitization expenses might set the price at a few thousand dollars.” Hellman’s crowdfunding company is in the business of helping authors sell their rights in this unusual manner.
And Mitch Axelrod posted on The Future Of Ink on the topic of intellectual property lately, a related topic that all e-book authors must understand. As an author, you own your intellectual property, your e-book, for example. You can sell the rights in various ways, or you can RENT them. This is relatively new idea.
Axelrod says, “Renting your content is the next NEW Game. If you really want to make a big difference and multiply your message to millions, find organizations that already reach large numbers of people who would love to have your IP. Then ‘rent’ your content to them, and let them give it away.”