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From the Baen Ebooks FAQ.

Each novel is published in three segments, one month apart, beginning three months before the actual publication date. Each month, several books are available. For each month purchased, you receive access to a directory containing these books.

Four months before publication, the Ebook is listed as Forthcoming.

Three months before publication, you gain access to the first Half of the books in HTML format.

Two months before publication, you gain access to the first Three Quarters of the books in HTML format.

One month before publication, you receive full access to the final quarter in all seven DRM-free formats, completing the books.

About two weeks after the last quarter is delivered to that month's Monthly Baen Ebook subscribers, bookstores around the country will begin to stock these titles (if the book is new).

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