Webnovel, a global fictional stories hub, the overseas portal of China Literature, China’s leading online literature company, has hosted its first-ever fan meeting in the Philippines to discuss the creation and translation of Webnovel narratives to Filipino fans and authors, where, in addition to laying out its plans for entering the market, it offered a venue for sharing and collaboration among local authors and online readers. The event represents China Literature’s strategy to establish a presence in the online publishing space in Southeast Asia.
During the event, readers had a chance to interact with famous local authors such as anjeeriku , who is writing a romantic novel named PS I’m (not) Over You on Webnovel. Members of the Webnovel team also explained the benefits of their online publishing platform, including China Literature’s groundbreaking training and incentive system for authors. Under the system, authors receive regular coaching on how to improve their writing skills. The excellent royalty payment and Contracted Works Guarantee systems will ensure the authors’ earnings. Webnovel has millions of loyal users. With various platforms such as the app, mobile website, and desktop website, all works will gain immense exposure. In addition, authors will also have the chance to participate in the commercialization of their works. They can bring their characters and stories beyond the pages Csuch as movies, TV shows, animations, video games.
Sandra Chan, General Manager of Webnovel, China Literature, said, “We are thrilled with the welcome that we have received from readers and authors in the Philippines. As a company, we value IP. Webnovel is a platform where readers can enjoy great stories and authors can be recognized for their talent. Our mission is to create a publishing ecosystem where authors and translators across the globe work together to explore new business models and opportunities on the premise of protecting IP.”
Those Chinese dramas on the air in the Philippines, such as Fighter of the Destiny, Martial Universe and The Rise of Phoenixes are all IP belonging to China Literature.
Up to now, the total number of unique visitors of Webnovel has exceeded 20 million. It has more than 200 individual translators and groups, and over 5,000 original authors. About 200 English translations of web novel works and over 9,000 original English works have been published on Webnovel.
At the present time, more than a dozen categories on Webnovel are available to readers, including fantasy and romance , etc . More and more works are constantly being created. The novels online are constantly updated, with many free chapters. Readers support their favorite authors and translators in various ways, while the active readers spend over 1.5 reading hours daily, and with their encouragement, the authors and translators get further motivated to be more productive and to deliver better works.
As of November, 2018, 30% of Webnovel’s global readers are Filipino readers. Nearly thousands of local authors are creating their stories on Webnovel too.
Currently, some of the Filipino authors can earn more than one thousand US dollar a month on Webnovel. Their income will rise along with their continuous updates and growing fan base.
There will also be novels written in the local language on Webnovel in near future. Hard-copy books will also be published by local industry partners in the Philippines.
Webnovel, a global fictional stories hub, was officially launched in 2017 as an overseas portal of China Literature, which is China’s largest online literature platform. With a comprehensive platform, both on website and app, it is committed to the global dissemination of web novels, bringing more value to authors worldwide and delivering high-quality web novels and excellent reading experience to global readers. Download Webnovel app on Android and iOS.
For inquiries about Webnovel, visit its website or its Facebook, Instagram and Twitter accounts.
SOURCE: China Literature