Five Ways To Profit From Public Domain Information
Ever wondered why Walt Disney never got sued for intellectual property theft?
C'mon, the guy ripped off so many Hans Christian Anderson and Grimm Brothers' fairy tales! And he never paid the said authors any royalty fees! Granted that they're dead, but shouldn't their families be entitled to proceeds from their works? Such would be a small price to pay, considering the accumulated wealth of Walt Disney's billion dollar enterprise.
But alas, Mr. Walt Disney, you see, is a marketing genius. He knew how to exploit the allowable usage of public domain information, and he built for himself an empire in the process.
And if Walt Disney can do it, so can you! After all, we all have access to public domain information. We don't even need a touch of that famous Disney magic. We just have to weave our own creative spin on things.
But first, the basics?
Public domain information is defined as any body of creative works and other knowledge that is not protected by US copyright laws. Copyright protection needs further verification, but by force of statute, works done prior to 1923 are public domain information. The law also includes works done prior to 1978, for as long as the life of the author plus seventy years does not exceed the current year.
The term "body of creative works and other knowledge" includes literary works, music, movies, artworks, scientific ideas, and inventions, just to name a few. So, quite literally, public domain information is an ocean of many promises and splendid discoveries for anyone who would decide to dip their feet in its inviting waters.
And public domain information is free. Everything that you'll earn from it is net profit!
Walt Disney made good use of public domain information by making updating old classics into movies for the new, during his time at least, generation. That was the creative spin he used to market works that are quite archaic to make them seem new and fresh. He found his audience, and he made his fortunes. There's no reason why you can't do it.
Ah, budget constraints you say. But we are internet marketers, dear friend. That's the beauty of the web, you see. Seldom do we have to spend a substantial amount to invest on something. Many avenues are available for us to make good use of free public domain information!
Here are some ways to use public domain information. They would surely earn you significant gains!
1. Republish old literary works as e-books. The classics you see in bookstores are prime examples of earning from public domain information. The publishers did not have to buy the rights for the books they have decided to distribute. You could do the same with e-books. Search your local library for old works, and scan them. Convert the images to text with a text bridge program, edit errors, package them nice in .pdf format, and you're all set to market a royalties-free product!
2. Republish old articles as special reports. Granted that you're not likely to find an internet marketing articles circa 1923, but there are still some interesting pieces from that era. Just the other day, I saw a person make 43 sales for a special report he made out of a 1914 article on dog grooming.
3. Make downloadable albums of old songs. Here's your chance to make MP3 downloads that are actually legal. However, please bear in mind that only the songs are free game. The performances of certain versions (i.e. the London Philharmonic Orchestra's version of a Beethoven classic) are separate copyrights in themselves. It would be best to make your own version from the public domain compositions.
4. Offer downloadable movies. Just like Walt Disney, Ted Turner has made a killing with public domain information. One of his channels, Turner Classics, shows pre-1923 movies which he can rebroadcast without having to pay any royalties. You could do the same by offering old movies for download.
5. Make posters of timeless masterpieces. You could also search the web for high quality images of classic paintings and sketches. These digitized masterpieces can easily be reproduced as posters which you could sell to the millions of art aficionados worldwide.
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