Unglue.it, the recently launched crowd-funding site that allows consumers to make pledges of payment to “unglue” ebooks, thus eliminating the copyright and DRM, has just been informed by Amazon that the retailer will no longer honor pledge payments for this kind of transaction.
CEO Eric Hellman issued a statement today:
“Amazon Payments has informed us that they will no longer process pledge payments for Unglue.it, forcing us to suspend all active ungluing campaigns.” announced Eric Hellman, President of Gluejar, Inc., the company behind crowdfunding site Unglue.it. According to a Senior Account Manager at Amazon, Amazon has decided against “boarding fresh crowdfunding accounts at this time”. Amazon has been providing payment services for Unglue.it, as it does for the popular crowdfunding site Kickstarter.
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