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07-31-2016, 07:58 AM | #1 | |
Zealot
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297 million Chinese read web novels in 2015 (top web author makes $16.7 mil /yr)
http://www.wsj.com/articles/online-f...rce-1469035251
excerpt: Quote:
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). Last edited by Xianxia; 08-06-2016 at 05:38 AM. |
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07-31-2016, 11:30 AM | #2 |
Just a Yellow Smiley.
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Why is this sounding familiar? Never mind. I was thinking of a different thread that was similar.
Last edited by Cinisajoy; 07-31-2016 at 11:32 AM. |
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07-31-2016, 05:29 PM | #3 |
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08-02-2016, 10:12 PM | #4 |
Serpent Rider
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No. If they didn't read it without paying, they wouldn't read it all. So the earnings would still be ZERO. You'd just have even more wannabe writers that no one had ever heard of.
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08-06-2016, 05:36 AM | #5 | |
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Quote:
Cracking down on websites is a Chinese government specialty. If they want to that is. The top web author in China making $16.7 million a year in royalties means that there are a lot of readers who are willing to pay. Though the paying readers are just a small fraction of that 297 millions. Last edited by Xianxia; 08-06-2016 at 05:42 AM. |
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08-06-2016, 07:28 AM | #6 |
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08-07-2016, 11:19 AM | #7 |
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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. |
08-09-2016, 06:15 PM | #8 | |
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Quote:
I have no definitive answer as to whether it's a financial plus to get rid of pirating (in any case, the moral argument remain) or not, so you may actually be right, but your explanation is a bit too simplistic for me. |
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