I love the low-risk profile of this publishing business. Authors upload videos of their ideas. These then are open to donations via crowdfunding. In exchange the funders get lunch with the author or a mention in the acknowledgements or whatever.
One there is enough money raised, the book gets printed. The publishers share the profits with the author.
So from the Publishers POV:
· Content is free. It is being provided by the author.
· Production cost is free. It is being paid for via the Crowdfunding.
· Marketing is going to be cheaper as the nature of the Crowdfund will provide exposure. Every person willing to donate is going to be a raving fan.
What do you think?