Continuations: Wattpad's Fanfunding Experiment
I have written a lot about the challenges of charging for content as digital content production and distribution has skyrocketed. The fundamental problem from here on out is that the supply of content far outstrips the demand which means that at the margin the price for content will be zero….
I commend Wattpad for giving this a try, but I don’t think that their authors have a large enough audience of the right kind of people to make this a huge business. I hope I’m wrong.
Continuations: Wattpad’s Fanfunding Experiment