The CITE, a blog published by the National Association of College Stores, takes a look at the intersection of education and technology, highlighting issues that range from course materials to learning delivery to the student experience. Comments, discussion, feedback, and ideas are welcome.

Wednesday, February 1, 2012

Freeing books using Crowdfunds

Here a story about a new company using crowd funded approach to putting books under Creative Commons licenses.   The company allows individuals or institutions to join together to pay rights holders to re-license the works under a CC license.

In this process, the book’s digital rights holder sets the price to make a book as a Creative Commons, DRM-free e-book.   Then the company starts a crowd funding campaign to raise money to set the book “free.”  Once the money is raised the book is released and the company takes a commission.

Not sure that this business model will work beyond a select set of content, but it is yet another interesting twist on the content market.

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