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	<title>Comments on: Crowdfunding: the new black? Or the scourge of the earth? You decide!</title>
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	<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/</link>
	<description>Media technologist and author in Brooklyn, NY.</description>
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		<title>By: Deanna Zandt: A Woman Making History &#8211; WMC Blog</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-17062</link>
		<dc:creator>Deanna Zandt: A Woman Making History &#8211; WMC Blog</dc:creator>
		<pubDate>Thu, 25 Mar 2010 21:27:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-17062</guid>
		<description>[...] spent writing – is somewhat controversial, and Deanna hasn&#8217;t shied away from debate. A recent blog post outlined her philosophy: &#8220;The way this process has traditionally worked is that publishers [...]</description>
		<content:encoded><![CDATA[<p>[...] spent writing – is somewhat controversial, and Deanna hasn&#8217;t shied away from debate. A recent blog post outlined her philosophy: &#8220;The way this process has traditionally worked is that publishers [...]</p>
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		<title>By: jean russell</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16108</link>
		<dc:creator>jean russell</dc:creator>
		<pubDate>Fri, 19 Feb 2010 19:16:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16108</guid>
		<description>Thank you for the powerful and fascinating post Deanna.

1. I don&#039;t think that commercial viability is any way to judge real value.

2. Patronage rocks. And it is one of the best ways to have anything outside the &quot;popular&quot; come into being.

3. Network support comes in many forms - explicit and implicit. As someone who crowd-funded my own work, I am not only a fan of it, I am a living example. Walk the talk.

4. Naysayers be damned.

5. We are in a shifting zone both in what and who is published and how and where it is published. May the most entreprenurial.... teach the rest of us.

6. We don&#039;t live in a pure world where only the truly best things really rise to the top on merit alone. We each have different ethics about how to navigate the murky phenomenon we call success in the 21st century. To judge another is to reveal your own boundaries. Cast not stones upon another for your own limits.

7. I am interested to see what the L3C does for the publishing and media industry. When social benefit can be on par with financial benefit, do we bring forth a better blend of what the world needs most?

Thank you for this lovely opportunity. I enjoyed reading the other comments too. Good ground covered.</description>
		<content:encoded><![CDATA[<p>Thank you for the powerful and fascinating post Deanna.</p>
<p>1. I don&#8217;t think that commercial viability is any way to judge real value.</p>
<p>2. Patronage rocks. And it is one of the best ways to have anything outside the &#8220;popular&#8221; come into being.</p>
<p>3. Network support comes in many forms &#8211; explicit and implicit. As someone who crowd-funded my own work, I am not only a fan of it, I am a living example. Walk the talk.</p>
<p>4. Naysayers be damned.</p>
<p>5. We are in a shifting zone both in what and who is published and how and where it is published. May the most entreprenurial&#8230;. teach the rest of us.</p>
<p>6. We don&#8217;t live in a pure world where only the truly best things really rise to the top on merit alone. We each have different ethics about how to navigate the murky phenomenon we call success in the 21st century. To judge another is to reveal your own boundaries. Cast not stones upon another for your own limits.</p>
<p>7. I am interested to see what the L3C does for the publishing and media industry. When social benefit can be on par with financial benefit, do we bring forth a better blend of what the world needs most?</p>
<p>Thank you for this lovely opportunity. I enjoyed reading the other comments too. Good ground covered.</p>
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		<title>By: Crowdfunding &#39;n&#39; friendraising: notes from the trenches of book project support &#124; deanna zandt</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16104</link>
		<dc:creator>Crowdfunding &#39;n&#39; friendraising: notes from the trenches of book project support &#124; deanna zandt</dc:creator>
		<pubDate>Fri, 19 Feb 2010 16:26:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16104</guid>
		<description>[...] (Ed. note, 2/19/10: Coming from The Guardian? Be sure to read the post on the brouhaha.) [...]</description>
		<content:encoded><![CDATA[<p>[...] (Ed. note, 2/19/10: Coming from The Guardian? Be sure to read the post on the brouhaha.) [...]</p>
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		<title>By: Sarah J</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16067</link>
		<dc:creator>Sarah J</dc:creator>
		<pubDate>Thu, 18 Feb 2010 12:46:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16067</guid>
		<description>The thing that I see is that there are certain social goods (like journalism/published works) that never fit all that well into the market formula but we managed to make them work that way for a while. Now because of a variety of factors, that&#039;s breaking down and what happens is either people are expected to work for less and less money or their jobs disappear entirely. 

Social funding of media isn&#039;t new--as Deanna notes by invoking the NPR model--and it&#039;s not easy. It requires someone like Deanna, who has built up a reputation and a body of work that makes people trust and depend on her. 

Musicians (Amanda Palmer, etc.) are doing this as well. 

It requires community. It requires a previous body of work, and thus it sucks to be a really unknown artist/writer, but the publishing industry and the music industry also want to see your previous work before throwing a big advance at you. This kind of publishing arrangement is one I know because I&#039;m also a comics journalist--Image Comics doesn&#039;t pay creators upfront, but gives them a bigger share of whatever they make. I&#039;m not the biggest fan of it myself because it DOES require free work upfront and spreads the risk, but it&#039;s not entirely unfair. 

Andy, I totally agree with you on this: &quot;But publishers need to recognize that writers are workers too and they can&#039;t wait for 30 months before they get paid for their work.&quot;

I&#039;ve been writing &lt;a href=&quot;http://globalcomment.com/2010/rethinking-work-journalism-as-labor/&quot; rel=&quot;nofollow&quot;&gt;a series&lt;/a&gt; for &lt;a href=&quot;http://globalcomment.com/2010/rethinking-work-art-as-labor/&quot; rel=&quot;nofollow&quot;&gt;a couple of months&lt;/a&gt; over at Global Comment about work and this kind of tension. 

The thing is, a lot of people go from &quot;work deserves money&quot; to &quot;that requires us to shore up the same capitalist model we&#039;ve had.&quot;  I really DON&#039;T agree with that. 

Deanna got paid for her work. She just got paid for her work by people who believe in her and love her. Patronage is as old as the hills, especially within the art world. 

(Can you tell I&#039;ve been thinking about this stuff much? &lt;3&#039;s Deanna for giving us space to talk about it.)</description>
		<content:encoded><![CDATA[<p>The thing that I see is that there are certain social goods (like journalism/published works) that never fit all that well into the market formula but we managed to make them work that way for a while. Now because of a variety of factors, that&#8217;s breaking down and what happens is either people are expected to work for less and less money or their jobs disappear entirely. </p>
<p>Social funding of media isn&#8217;t new&#8211;as Deanna notes by invoking the NPR model&#8211;and it&#8217;s not easy. It requires someone like Deanna, who has built up a reputation and a body of work that makes people trust and depend on her. </p>
<p>Musicians (Amanda Palmer, etc.) are doing this as well. </p>
<p>It requires community. It requires a previous body of work, and thus it sucks to be a really unknown artist/writer, but the publishing industry and the music industry also want to see your previous work before throwing a big advance at you. This kind of publishing arrangement is one I know because I&#8217;m also a comics journalist&#8211;Image Comics doesn&#8217;t pay creators upfront, but gives them a bigger share of whatever they make. I&#8217;m not the biggest fan of it myself because it DOES require free work upfront and spreads the risk, but it&#8217;s not entirely unfair. </p>
<p>Andy, I totally agree with you on this: &#8220;But publishers need to recognize that writers are workers too and they can&#8217;t wait for 30 months before they get paid for their work.&#8221;</p>
<p>I&#8217;ve been writing <a href="http://globalcomment.com/2010/rethinking-work-journalism-as-labor/" rel="nofollow">a series</a> for <a href="http://globalcomment.com/2010/rethinking-work-art-as-labor/" rel="nofollow">a couple of months</a> over at Global Comment about work and this kind of tension. </p>
<p>The thing is, a lot of people go from &#8220;work deserves money&#8221; to &#8220;that requires us to shore up the same capitalist model we&#8217;ve had.&#8221;  I really DON&#8217;T agree with that. </p>
<p>Deanna got paid for her work. She just got paid for her work by people who believe in her and love her. Patronage is as old as the hills, especially within the art world. </p>
<p>(Can you tell I&#8217;ve been thinking about this stuff much? &lt;3&#039;s Deanna for giving us space to talk about it.)</p>
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		<title>By: andy ross</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16055</link>
		<dc:creator>andy ross</dc:creator>
		<pubDate>Thu, 18 Feb 2010 01:20:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16055</guid>
		<description>Hmmm. I seem to have stirred up a hornet&#039;s nest. Ok. So realistically most author advances aren&#039;t good enough to live on anyway. Maybe 10-20000 for a year&#039;s work . Sometimes less.  So any way that a writer can support themselves while writing a book  is a good thing.

But publishers need to recognize that writers are workers too and they can&#039;t wait for 30 months before they get paid for their work.

&quot;Information wants to be free&quot; is a very common attitude on the Internet. Otherwise, what accounts for the breathtaking amount of piracy of intellectual property that goes on? I&#039;m sure Chris Anderson has a nuanced argument. He should. He received a high 6 figure advance for his book. Then he posted it for &quot;free&quot; on Scribd to prove his point, which was that &quot;information wants to be free&quot;. But you see, his work wasn&#039;t free. He was paid quite well for it. This just shows that information isn&#039;t free, nor should it be.</description>
		<content:encoded><![CDATA[<p>Hmmm. I seem to have stirred up a hornet&#8217;s nest. Ok. So realistically most author advances aren&#8217;t good enough to live on anyway. Maybe 10-20000 for a year&#8217;s work . Sometimes less.  So any way that a writer can support themselves while writing a book  is a good thing.</p>
<p>But publishers need to recognize that writers are workers too and they can&#8217;t wait for 30 months before they get paid for their work.</p>
<p>&#8220;Information wants to be free&#8221; is a very common attitude on the Internet. Otherwise, what accounts for the breathtaking amount of piracy of intellectual property that goes on? I&#8217;m sure Chris Anderson has a nuanced argument. He should. He received a high 6 figure advance for his book. Then he posted it for &#8220;free&#8221; on Scribd to prove his point, which was that &#8220;information wants to be free&#8221;. But you see, his work wasn&#8217;t free. He was paid quite well for it. This just shows that information isn&#8217;t free, nor should it be.</p>
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		<title>By: Tim Maly</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16051</link>
		<dc:creator>Tim Maly</dc:creator>
		<pubDate>Wed, 17 Feb 2010 21:34:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16051</guid>
		<description>&lt;blockquote cite=&quot;Andy Ross&quot;&gt;Intellectual work is still work and needs to be compensated. There has been some talk by internet gurus (Chris Anderson, the most notable) that &quot;information wants to be free&quot;.&lt;/blockquote&gt;

Andy, I wish that people would stop misquoting that line. The full line is: &quot;Information Wants To Be Free. Information also wants to be expensive. ... That tension will not go away.&quot; Chris Anderson in particular is the last person you want to call a pure &quot;information wants to be free&quot; advocate. He charges between $0 and $20,000 for his ideas, depending on context, medium, and whatever else. He doesn&#039;t hide this fact, it&#039;s explicitly part of what he talks about in his book.

What I like about the crowdfunding approach and especially Deanna&#039;s attitude toward it is that she recognizes that some ideas might be culturally important without necessarily being commercially viable. So you find other ways to fund the work. Independent wealth, academics, holding down another job, grants, loans, lottery winnings, savings, and now we add another tool to the box: crowdfunding.</description>
		<content:encoded><![CDATA[<blockquote cite="Andy Ross"><p>Intellectual work is still work and needs to be compensated. There has been some talk by internet gurus (Chris Anderson, the most notable) that &#8220;information wants to be free&#8221;.</p></blockquote>
<p>Andy, I wish that people would stop misquoting that line. The full line is: &#8220;Information Wants To Be Free. Information also wants to be expensive. &#8230; That tension will not go away.&#8221; Chris Anderson in particular is the last person you want to call a pure &#8220;information wants to be free&#8221; advocate. He charges between $0 and $20,000 for his ideas, depending on context, medium, and whatever else. He doesn&#8217;t hide this fact, it&#8217;s explicitly part of what he talks about in his book.</p>
<p>What I like about the crowdfunding approach and especially Deanna&#8217;s attitude toward it is that she recognizes that some ideas might be culturally important without necessarily being commercially viable. So you find other ways to fund the work. Independent wealth, academics, holding down another job, grants, loans, lottery winnings, savings, and now we add another tool to the box: crowdfunding.</p>
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		<title>By: Jen Angel</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16046</link>
		<dc:creator>Jen Angel</dc:creator>
		<pubDate>Wed, 17 Feb 2010 19:41:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16046</guid>
		<description>As a sometimes writer and full time publicist, I think this is a great model. As there are fewer and fewer outlets for writing, there are fewer publishing houses (or they are publishing fewer books), and as those publishers are lowering or eliminating advances, what are the options? Are we relegated to reading books only by people who are independently wealthy or employed by an academic institution? I&#039;m not excited by that idea. 

This is a great option for new voices and particularly for first time book writers who have a network and community that will support them.</description>
		<content:encoded><![CDATA[<p>As a sometimes writer and full time publicist, I think this is a great model. As there are fewer and fewer outlets for writing, there are fewer publishing houses (or they are publishing fewer books), and as those publishers are lowering or eliminating advances, what are the options? Are we relegated to reading books only by people who are independently wealthy or employed by an academic institution? I&#8217;m not excited by that idea. </p>
<p>This is a great option for new voices and particularly for first time book writers who have a network and community that will support them.</p>
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		<title>By: Jon Renaut</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16043</link>
		<dc:creator>Jon Renaut</dc:creator>
		<pubDate>Wed, 17 Feb 2010 19:15:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16043</guid>
		<description>Andy Ross - I think your &quot;typical&quot; scenario is a big reason why authors such as Deanna are looking for alternative ways to fund their books.

I agree with you that the model she used won&#039;t work for everyone.  But that doesn&#039;t mean there aren&#039;t other models, more like hers than like traditional publishing, that WILL work for all or most authors/books.

Deanna - Glad to see you keeping up the conversation.  I&#039;m very interested in models like yours (as I&#039;m launching a website to help authors do things like what you did), and it&#039;s great to see you having success with your book.</description>
		<content:encoded><![CDATA[<p>Andy Ross &#8211; I think your &#8220;typical&#8221; scenario is a big reason why authors such as Deanna are looking for alternative ways to fund their books.</p>
<p>I agree with you that the model she used won&#8217;t work for everyone.  But that doesn&#8217;t mean there aren&#8217;t other models, more like hers than like traditional publishing, that WILL work for all or most authors/books.</p>
<p>Deanna &#8211; Glad to see you keeping up the conversation.  I&#8217;m very interested in models like yours (as I&#8217;m launching a website to help authors do things like what you did), and it&#8217;s great to see you having success with your book.</p>
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		<title>By: amanda</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16042</link>
		<dc:creator>amanda</dc:creator>
		<pubDate>Wed, 17 Feb 2010 19:06:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16042</guid>
		<description>The vitriol still blows me away. But it reminds me of a story my father likes to tell. &#039;twas early in the grape boycott that my great grandmother had occasion to go to a grocery store, where she was handed a pamphlet by a striking farmworker, discouraging her from buying table grapes.  She came home and retold the story with great horror: imagine the gall of these farm workers! The nerve! To hand out pamphlets in a supermarket! They had no right. My father, probably home from law school or something, was dumbfounded himself. People handing out pamphlets in the parking lot was the tamest form of protest he could imagine. 

Which is to say that one person&#039;s tacky is another person&#039;s UFW. 

Myself, I&#039;ll take the UFW.</description>
		<content:encoded><![CDATA[<p>The vitriol still blows me away. But it reminds me of a story my father likes to tell. &#8217;twas early in the grape boycott that my great grandmother had occasion to go to a grocery store, where she was handed a pamphlet by a striking farmworker, discouraging her from buying table grapes.  She came home and retold the story with great horror: imagine the gall of these farm workers! The nerve! To hand out pamphlets in a supermarket! They had no right. My father, probably home from law school or something, was dumbfounded himself. People handing out pamphlets in the parking lot was the tamest form of protest he could imagine. </p>
<p>Which is to say that one person&#8217;s tacky is another person&#8217;s UFW. </p>
<p>Myself, I&#8217;ll take the UFW.</p>
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		<title>By: andy ross</title>
		<link>http://www.deannazandt.com/2010/02/17/crowdfunding-the-new-black-or-the-scourge-of-the-earth-you-decide/comment-page-1/#comment-16041</link>
		<dc:creator>andy ross</dc:creator>
		<pubDate>Wed, 17 Feb 2010 18:52:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.deannazandt.com/?p=969#comment-16041</guid>
		<description>Deanna, I made a short comment on the Facebook thread, so I&#039;m glad to make a little longer comment here. First of all, I don&#039;t know all the details of crowd funding. So I might have it a little wrong. Second, I&#039;m a literary agent. I represent authors, so I have an ax to grind on behalf of advances.

I have no problem at all with crowdfunding. And I&#039;m glad it worked for you. And I&#039;m sure that it is a good thing for book deals where there is no advance. I also think it was a smart move to go with Berrett-Kohler who will actively promote your book and keep selling it a lot longer than other publishers. I tell my authors that while more money sooner is better than later, more money later is better than less money sooner.

Your analogy to non-profits is pretty interesting. But publishers are not non-profits. They are in business to make money. And, when you think about it, even non-profits pay their workers for work within a week or so. An author writing a book is different from a start up company or a non-profit project being funded outside.

Intellectual work is still work and needs to be compensated. There has been some talk by internet gurus  (Chris Anderson, the most notable) that &quot;information wants to be free&quot;. Roy Blount, who is president of the Author&#039;s Guild, pointed out (slightly snarkily) but tellingly that the people advocating that  information wants to be free tend to be college professors and creators of computer gadgets. Blount said, maybe they will agree that &quot;college wants to be free&#039; or &quot;internet gadgets want to be free.&quot;

I realize that you are saying something entirely different. But I just want to point out that authors work just like anyone else and should be compensated for their work. 

Obviously you agree with that and are simply making a pitch for a new compensation model. And that is great if it works. But there are a lot of genres written by authors that are not likely to draw that kind of support. 

Typically a book gets published 18 months after a contract gets signed. Typically the first royalty statement comes 9 months after publication. Typically a publisher will withhold 30% or more of the first royalty as a reserve against returns. So we are talking as much as 3 years before a publisher will deliver a royalty. So advances seem fair to me.</description>
		<content:encoded><![CDATA[<p>Deanna, I made a short comment on the Facebook thread, so I&#8217;m glad to make a little longer comment here. First of all, I don&#8217;t know all the details of crowd funding. So I might have it a little wrong. Second, I&#8217;m a literary agent. I represent authors, so I have an ax to grind on behalf of advances.</p>
<p>I have no problem at all with crowdfunding. And I&#8217;m glad it worked for you. And I&#8217;m sure that it is a good thing for book deals where there is no advance. I also think it was a smart move to go with Berrett-Kohler who will actively promote your book and keep selling it a lot longer than other publishers. I tell my authors that while more money sooner is better than later, more money later is better than less money sooner.</p>
<p>Your analogy to non-profits is pretty interesting. But publishers are not non-profits. They are in business to make money. And, when you think about it, even non-profits pay their workers for work within a week or so. An author writing a book is different from a start up company or a non-profit project being funded outside.</p>
<p>Intellectual work is still work and needs to be compensated. There has been some talk by internet gurus  (Chris Anderson, the most notable) that &#8220;information wants to be free&#8221;. Roy Blount, who is president of the Author&#8217;s Guild, pointed out (slightly snarkily) but tellingly that the people advocating that  information wants to be free tend to be college professors and creators of computer gadgets. Blount said, maybe they will agree that &#8220;college wants to be free&#8217; or &#8220;internet gadgets want to be free.&#8221;</p>
<p>I realize that you are saying something entirely different. But I just want to point out that authors work just like anyone else and should be compensated for their work. </p>
<p>Obviously you agree with that and are simply making a pitch for a new compensation model. And that is great if it works. But there are a lot of genres written by authors that are not likely to draw that kind of support. </p>
<p>Typically a book gets published 18 months after a contract gets signed. Typically the first royalty statement comes 9 months after publication. Typically a publisher will withhold 30% or more of the first royalty as a reserve against returns. So we are talking as much as 3 years before a publisher will deliver a royalty. So advances seem fair to me.</p>
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