Free Novels and Short Videos

Regarding how to excel in the free novel business?

We can purchase the novel adaptation rights for those comics by spending money. To lower the purchase price, we can also implement a revenue-sharing model with them.

Once we secure the novel adaptation rights, we can then go all out to attack other novel websites, ensuring they no longer dare to sign contracts that infringe upon the anime fanfiction novels for which we hold the copyrights.

Even those already signed will be required to take down their content. Otherwise, they are infringing and will face lawsuits from us.

After this, we can spend money to acquire the copyrights for those forcibly removed anime fanfiction novels at a low price, eventually uploading them to our novel website, providing it with a massive inventory of anime fanfiction novels.

Of course, supplementing the novel inventory is just the first step. The more important next step is to attract writers and then build up our own collection of novels.

In this process, my other powerful tool, the recommendation algorithm, can play a magical role, saving a lot of manpower and resources.

Theoretically, it can achieve fully automated intelligent recommendation, pushing suitable novels to target users without excessive human intervention. We only need to handle content review and other tasks.

As for why we are pursuing free novels instead of paid ones, it's because our Bilibili users are predominantly young people who generally don't have much disposable income.

Asking them to pay for novels at this stage would be difficult, so free novels are a better fit for them. We can earn money from advertising fees for both ourselves and the writers.

Everyone can take a look at the profit statistics for the online novel industry in recent years. Although that's for paid novels, the revenue from free novels is not bad, even higher.

In short, if the anime fanfiction light novel business takes off, the profits from the free novel business alone could support Bilibili's operations and development.

Furthermore, if truly good light novels emerge, we can completely adapt them into anime and games.

With a massive reader base, if the quality is also good, they are sure to achieve excellent results upon release."

"This idea is indeed excellent."

Xu Yi's eyes lit up as he spoke, realizing this suggestion was a perfect fit for them.

Although he personally disliked advertisements, that was for large-scale ad placements within videos or web pages. Novels were outside that scope of his preferences.

Upon hearing Lin Feng's words, he realized that Bilibili was truly well-suited for developing anime fanfiction-style light novels.

Moreover, looking at the profitability charts of other novel websites and the projected profitability after operating their own novel website, Xu Yi's eyes truly sparkled.

"This is indeed a great idea. Bilibili has a massive base of anime fans. If we were to create an anime fanfiction-style light novel website, especially a free one, it could indeed become an overnight sensation. However..."

He Rui's gaze sharpened as he spoke:

"But we only have 2.6 million left. This amount can only sustain our website's operations for two to three months. If we want to purchase copyrights, we would need at least a reserve fund of 10 million.

After all, buying just one or two works wouldn't be very meaningful, but we don't have the money to buy many. So, we don't have the funds to pursue this right now."

Hearing He Rui's words, everyone present, except for Lin Feng, showed expressions of disappointment, as they were truly optimistic about this free novel business.

Lin Feng nodded slightly upon hearing this and continued:

"Money is not an issue. Although I claimed I would make Bilibili achieve large-scale profitability within six months, I'm actually confident I can shorten that timeframe to one or two months.

Of course, let's not talk about large-scale profitability for now. Let's first discuss the short video business.

As everyone knows, since Kuaishou's short video platform launched in 2012, short videos have gradually begun to rise and will inevitably influence the world in the future."

Hearing Lin Feng's words, He Rui shook his head slightly:

"I'm not optimistic about entering the short video domain because too many companies are already involved.

Even Tencent has launched Tencent Weishi, and Sina Weibo has also introduced short video support features.

Currently, many companies are developing their own short video apps, and the competitive pressure is too immense. Although we have Bilibili as our foundation, Bilibili's videos are of medium length and not particularly suitable for the short video domain.

If we were to truly enter the short video space, it would only create an identity crisis for Bilibili."

Hearing He Rui's perspective, those present nodded in agreement.

Indeed, Bilibili's videos are typically three minutes or longer, averaging around ten minutes in length.

If they were to enter the short video domain now and produce many videos that are only ten seconds long, a large influx of short videos onto Bilibili would disrupt the platform's rhythm and alienate users.

"The identity crisis issue is easily resolved. We just need to establish two video libraries and two mobile apps. Excellent videos from one library can be moved to the other and receive a certain amount of recommendation.

As for whether Bilibili is suitable for entering the short video domain, I can only say we are the most suitable, because Bilibili has a super genius major shareholder and a 10-year usage license for his super recommendation algorithm."

Despite the lack of confidence, Lin Feng was very sure that Bilibili could succeed in this endeavor.

After all, he had already provided the correct development plan and recommendation algorithm from a previous life's Douyin. If it still couldn't take off now, it wouldn't be his problem; it would be like trying to help a hopeless case.

As for why he suggested Bilibili enter the short video domain?

It's because Bilibili's rise and its ability to achieve remarkable results are tied to his grand plan for algorithmic hegemony, and the grand plan for algorithmic hegemony, in turn, is linked to his ultimate goal, the 'borrowing the fake to become real' plan.

Furthermore, he himself owns 30% of Bilibili's shares. Supporting Bilibili now to achieve even more impressive results than in his previous life would align with his interests, both short-term and long-term.

Therefore, Lin Feng presented the correct development plan and algorithm of Douyin from his previous life. If they still couldn't achieve the results of Douyin from that past life, then they truly were hopeless cases.

Thinking this, Lin Feng looked at He Rui and Xu Yi, contemplating how to persuade them. Then, he had an idea and said with a smile:

"Currently, Kuaishou undoubtedly dominates the short video landscape. However, Kuaishou has a fatal flaw: its mid-to-large UP hosts almost monopolize the traffic recommendation resources.

This near-monopoly of traffic recommendation resources by mid-to-large UP hosts might seem insignificant on the surface. After all, for Kuaishou, those mid-to-large UP hosts are more likely to attract user rewards.

Conversely, the number of small UP hosts and individual users is too large to manage, and their rewards are very meager, yielding little profit and can almost be ignored.

From a long-term development perspective, this model of favoring mid-to-large UP hosts while neglecting small UP hosts and individual users is extremely unhealthy and carries a fatal hidden danger.

Seeking recommendation tickets and monthly tickets. During the new book's ranking period, ticket support is greatly needed."