There ARE subscription ebook in episode services. Amazon has one.
Compared with a serial in a magazine or paper you are buying (or getting free on a web site) it's terrible.
Using javascript IN the ebook episode is a bad idea.
There are also tens of thousands of websites with serialised stories, free. It's easy to convert each episode to kindle or epub if you don't want to read in a browser.
Serialised stories still exist on print media. Usually the story is edited and published as a novel later (paper and ebook). The 44 Scotland Street series.
Also your idea doesn't solve link rot. Who ensures the remote server lives forever?
It's best that only front matter and rear matter of an ebook or a paper book has web links. They WILL die.
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