How much money can Qidian Chinese Network make?

Answer 1

In 2023, Yuewen Group achieved a revenue of 7.01 billion yuan. It did not mention the revenue of Qidian Chinese Network alone. Qidian Chinese Network's profit sources included advertising revenue, copyright sales, paid reading, gifts, and so on.
- In terms of advertising revenue, he relied on a large user base and traffic resources to place advertisements from companies in the fields of online literature, games, film and television on the website page.
- In terms of copyright sales, he cooperated with publishing agencies and film companies to sell e-books, physical books, film adaptation rights, and other copyrights to make profits. He also held offline activities (such as signing events, lectures, etc.) to expand copyright sales channels.
- In terms of paid reading, a paid reading model was set up for high-quality content. The readers bought virtual currency or membership services to enjoy exclusive content and high-quality services. The income was distributed to the author in proportion, which was also one of the main sources of income for the author.
- In terms of tips and gifts, readers could tip or give virtual gifts to the author to show their love, which would directly be converted into the author's income.
- In addition, Qidian would hold essay competitions, creative competitions, and other activities. Outstanding works could receive bonuses and rewards, which could also bring income to the platform and authors.