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Weekly News Digest

February 21, 2013 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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Net Minds Launches Disruptive Team Publishing Platform

Net Minds, a new disruptive team-publishing platform co-founded by ex-Yahoo executive and New York Times best-selling author, Tim Sanders, launched Feb. 13, 2013 at the Tools of Change Conference. It aims to offer authors and the entire publishing development process a smarter alternative to both traditional and "self" publishing methods. Net Minds’ crowd-powered service gives authors rights, project autonomy, and team-building tools that make the publishing process transparent and effective. 

Net Minds’ crowd-powered service gives authors rights, project autonomy, and team-building tools that make the publishing process transparent and effective. Instead of acquiring authors’ rights and giving them only 20% of the pie and little flexibility in choosing their team, title, or release date, Net Minds flips the publishing industry model. Future releases will add collaboration tools for all parts of the publishing process, from project work to crowd-sourced book proposals.

Net Minds has built a software platform that allows authors to find any member of the publishing value chain, such as editors, designers, publicists, etc., selecting potential collaborators through a discovery system that includes ratings and commentary on a professional’s work. These teammates are invited into or can request to join a project and are offered traditional transactional and nontraditional compensation options, such as percentages of the book’s financial performance, and the community then produces the book.

Source: Net Minds



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