Over the past year, our Webnovel community has grown rapidly, much faster than we had expected. We are really grateful for all of your support and are happy to see that the community has become so large. People from North America, South America, Europe, Southeast Asia, South Asia, Australia, and Africa are all enjoying the same stories. We could never have imagined that our beloved web novels could step past the cultural differences and ethnic barriers. All of these achievements are due to you, our readers.
Today, we will be officially announcing the details of one of Webnovel's most important features—the Premium Program BETA. A number of titles will become Premium. Readers will be able to read Premium chapters in advance by using Spirit Stones.
What else does the Premium Program BETA provide?
With the Premium Program BETA, readers can not only enjoy more chapters, but also support our diligent translators, editors, and greatest authors directly. This will certainly motivate them in providing high-quality stories with a much steadier release rate. We believe that one day, Webnovel translators, editors, and authors globally will be able to see their jobs as full-time professions, and the beginning of that is today.
What is the Premium Program BETA?
The development of any business model requires constant improvements over time. It is not solely dictated by Webnovel, and it requires all of us to explore and develop the business together. Therefore, we will continue running the Premium Program in a BETA stage. There will be constant optimization to ensure that we do not deviate from the right path—to ensure that all parties receive what they deserve. We also invite all of you to help us in building a better future.
Why are we starting the Premium Program BETA?
Having been in the web novel business for 15 years, our company values content creators the most. Our guiding principle at the company’s inception was to ensure that authors can achieve a basic livelihood so that they can focus on creating content. We are glad that we have now worked with as many as six million authors over the years, and just in 2016 alone, the average income of the top ten online literature writers from online literature was 32.3 million RMB, almost twice as much as that of offline publication writers, at 17.3 million RMB. We also value the intellectual property of these authors, and the contracts with our authors require us to share half the profits from other sources with them as royalties.
For the translations of these web novels, we value translators and editors as content creators just like our authors. Without them, we are unable to share these works with the international community. Currently, operations are maintained with advertisements at a loss, and this prevents us from sharing royalties with our authors, translators, and editors. We hope that the Premium Program BETA, similar in spirit to industry best practices but adapted for Webnovel, will ensure the interests of all parties so that the sharing of novel translations can be sustainable.
What if I'm not able to afford the Premium cost?
Free Readers, do not fear, we also care deeply about your reading experience as non-premium readers. Along with the Premium Program BETA, we are also announcing the Premium For Free (PFF), which will allow non-premium readers to continue enjoying their favorite titles for free. In the PFF, we will release one or more premium chapters from the premium titles based on a schedule. Feel free to check it out here: https://acts.webnovel.com/2018/6094045/index.html
You can still get Spirit Stones, which can be used to access premium chapters, by daily check-ins, voting, inviting friends, participating in community events, and even watching video ads on a daily basis (this will be implemented soon).
Current List of Premium Titles:
Release that Witch: 10 Premium Chapters Released NOW!
MMORPG: Rebirth of the Legendary Guardian: 10 Premium Chapters Released NOW!
Immortal Mortal: 10 Premium Chapters Released NOW!
Bringing the Nation's Husband Home: 10 Premium Chapters Released NOW!
Er Mu - Author of <Release That Witch>
Hello, my dear readers. I'm the author of 'Release That Witch', Er Mu. I'm very grateful for the support readers all over the world have given RTW. I will continue working hard in the coming days to create a more attractive story for everyone. Today, RTW will be going Premium on Webnovel. It's truly exciting news for me. As web novelists, per-chapter subscriptions have always been the foundation and guarantee of our income. I also wish that overseas readers will continue to give your greatest support when RTW goes premium. Please join the Premium Program for my work. Your subscription is the greatest support for me as an author!
Hall of Fame
As we previously promised, the first 100 readers who became Premium by purchasing Spirit Stones will be rewarded a special Badge. We have already announced the addition of Badges on our website. We will implement the same feature for App users in two weeks.
Check this link to see if you are in the Hall of Fame: https://acts.webnovel.com/2018/6099927/index.html