Crowdfunding Publishing

October 4, 2014 | 1

There’s been a lot of discussion about self-publishing books, but what about crowdfunding? Online publisher Unbound is proving it could work and has already raised over £1 million and funded 54 books. The model itself couldn’t really be any simpler – “the author pitches an idea and if enough readers support it, the book goes ahead. Once it has been printed, the book’s net profits are then split 50/50.”

is a staff writer for The Millions. She lives in New York and every so often writes things at kaulielewis.wordpress.com.