Thread: 297 million Chinese read web novels in 2015 (think Wattpad but much bigger)
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Old 08-07-2016, 11:19 AM   #7
Xianxia
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Quote:
Originally Posted by Ravensknight View Post
And you just made my point for me...
No you didn't.

Let's say 90% of the 257 million readers read online novel on a pirate novel website. Only 10% or 25.7 million actually pay to read.

Now, all the pirate novels websites are gone. Shut down by the Chinese government.

Some of that 90% will now pay to read because they have no other choice unless they stop reading altogether.

$0.01 - $0.02 per 2000 words chapter is about $0.30 - $0.60 per 60,000 English words novel.

Very cheap in comparison to $9.99 per 60,000 words English novels that people in the West pay.

If the Chinese government is willing to shut down pirate novel websites, then Qidian and other novel websites will gain a lot of paying readers.

Tencent paying $700 million USD to buy Qidian would look like a bargain.

But I don't think the Chinese government is going to shut down pirate novel websites anytime soon.
Last edited by Xianxia; 08-07-2016 at 11:22 AM.
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