Quote:
Originally Posted by latepaul
What's the advantage to either the reader or author of Wattpad over regular self-publishing?
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I thought Wattpad was trying to cash in on promote more of this type of behavior, in its target markets:
297 million Chinese read web novels in 2015 (think Wattpad but much bigger)
Quote:
Originally Posted by Xianxia
http://www.wsj.com/articles/online-f...rce-1469035251
excerpt:
It's too bad that piracy is HUGE in China. Otherwise, earnings from web novels would be a lot bigger.
Qidian is charging about $0.01 - $0.02 per chapter (about 2000 words).
That doesn't seem a lot in term of royalties but it add up really quick when you have tens of millions of readers. The top earning web author is making 110 million yuan a year (about $16.7 million USD in royalties).
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