Why is the electric shock library closed?

2024-09-19 03:53

Electric Shock Literature was a well-known online literature platform in China. It was established in 1999. Its main business was to provide reading and downloading of online novels. In 2016, Denka Literature announced the closure of its main reasons for closure, including the following: 1. The market is very competitive. With the continuous development and expansion of the online literature market, more and more literary platforms emerged, some of which attracted a large number of users through large-scale advertising and social media promotion. In contrast, the quality of the literature content and user experience of the Electric Shock Literature Library had not been greatly improved, making it difficult for them to compete with their competitors. 2. Single profit model. The profit model of the electric shock library was mainly through providing online novel reading and download services, as well as collecting copyright fees from authors. Although these profit models met the needs of users to a certain extent, a single profit model also led to the instability of the platform's profits and the decline of its durability. 3. The issue of copyright. With the continuous development of online literature, copyright issues had gradually become a key issue. Since most of the literary content operated by Denji Literature came from other platforms, Denji Literature had to pay copyright fees to other platforms. However, due to copyright disputes and other issues, the copyright fees of the electric shock library could not be paid stably, which led to the platform's inability to continue to make profits. Due to the above reasons, the library was finally closed.