Chapter 594: Web Novels and Online Reading tform
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Sayuri thought for a while before replying to Theo''s question, "Although a fewpanies have their mangas avable to be read online, there are very few publishing houses that have done that. The major reason for that is that the market and public still prefer the physical copies." She calmly said, "Plus, because of the scarcity of online products, thepanies don''t invest much in these tforms, which makes these tforms with a poor structure. Most of the sites and apps are subpar, and the readers constantlyin about the difficulty of reading mangas there. Which is another reason for the low interest from the public for these tforms."
Theo''s eyes shone brightly as he heard Sayuri''s answer.
Some people might already have guessed, and yes, Theo was thinking about creating his own online tform to put his mangas.
"Is there any online tform that receives lots of investments?" Theo asked.
"Hmm, from the Sakura Abode Country, there is none, but if we count tforms from other countries there are a couple of tforms." Sayuri replied promptly, "You guys must have already heard about the Pangese (Chinese) web novels, right?"
Theo and Sam immediately nodded as they heard that.
If the Sakura Abode Country had its huge manga empire dominating a huge section of the entertainment industry. The Pangu Country had its web novel empire.
The origins of Pangese web novels can be traced back to the early 2000s when inte usage in Pangu began to grow rapidly. During this time, online literature tforms emerged, providing a space for writers to share their works directly with readers.
The initial models of online literature in Pangu were influenced by the concept of "wuxia" novels, which are martial arts and chivalry-themed stories. Wuxia novels have a long history in Pangese literature and were traditionally published in print format. However, the inte allowed for a more essible and interactive tform for writers and readers.
The rise of web novels gained momentum around 2003 with theunch of tforms like Xidian and Qinwin Literature City. These tforms offered a convenient way for authors to upload their works chapter by chapter and for readers to ess and read them online for free. This format allowed for real-time author-reader interaction throughments, feedback, and discussions, creating a sense ofmunity around the novels.
The poprity of web novels grew rapidly, and more authors began to publish their works online. The serialized nature of web novels, with frequent updates and cliffhangers, helped to keep readers engaged anding back for more. The essibility of the inte and the ability to read novels onputers andter on smartphones further contributed to the poprity of web novels.
Over time, web novel tforms introduced mization models to support authors and sustain the industry. Subscription systems, virtual currency, and advertising becamemon methods of generating revenue. This allowed sessful authors to earn ie based on the poprity and engagement of their works.
With the growth of web novels, the industry expanded to include various genres beyond wuxia, such as fantasy, romance, and cultivation novels.
"During thest few years, the Pangese web novels gained international attention as well, with trantions allowing readers from different countries to enjoy these stories." Sayurimented, "The Web Novel Industry has be so big that it already started growing in several other countries as well."
"Today, Pangese web novels have be a significant part of the literaryndscape in Pangu and have influenced popr culture. They have paved the way for new storytelling formats and have provided opportunities for aspiring authors to showcase their talents and build dedicated fan bases."
"We can say for sure that this industry is exclusively online, no physical copies are being sold. But their profits are astronomical as they don''t have to deal with printing physical copies. However, even with all this growth, the manga industry is much bigger than the web novel industry. It''s almost impossible to reach the manga industry''s height." Sayuri said calmly. "But there is one thing that they have that can defeat the manga industry. Their online reading tforms are the best in the world. It''s almost impossible to find glitches and bugs on their apps and sites. This fact facilitates and attracts lots of readers to ess their tforms all around the world." Sayuri exined.
Theo heard her exnation with avid eyes.
In his past life, he indeed had heard about web novels, but because he didn''t have a smartphone, he wasn''t able to check those web novels out.
But when he heard how amazing their tform was, Theo had the urge to produce a tform as amazing as theirs to put his mangas online!
Why did he have to stay old-fashioned like hispetitors?
Theo wasn''t afraid of losing money to produce an online manga reading tform. Money for him was only a number, it was never his final goal.
At that moment, he wanted to achieve the final goal of producing the best online manga reading tform!
Plus, with the copyrightws of this world, Theo didn''t have to worry about his mangas being illegally stolen from his online tform.
Some people might have forgotten, but with the current copyright protectionws, illegal and pirated copies have been extinct from the world.
"Sayuri, what do you think about creating our own online reading tform?" Theo asked with shining eyes.
Just like the majority of the manga industry, Sayuri was raised with the traditional belief that physical copies were the best. That''s why she didn''t even think about creating an online reading tform.
But when she heard Theo''s question, she stayed silent for a few long seconds.
She knew that Theo had an impressive talent for discovering great business ideas, so if he asked such a question it had to have a reason for it.
At first, like everyone else, she despised the idea of focusing on an online tform, the physical manga was the the king!
But as she tried to see from Theo''s perspective, she started to see the huge unexplored business opportunity that he was seeing as well.
Sayuri''s eyes started to shine as she started to think of the several opportunities, "Boss, I think your idea is brilliant!"
"But this project might be even bigger than therge printing factory, we might have to invest a lot to realize this online reading tform." She continued.
Theo nodded in approval before replying, "I agree. If we want to create an online reading tform as good as the ones from the Pangu Country, we''ll have to invest a lot. But if we manage to realize this project, we might bring our mangas to the whole world without having to bother to deal with the publishingpanies from other countries."
Theo''s eyes shone as he thought of the infinite possibilities that this online reading tform
might bring.