Chapter 125

Chapter 125

“Hey, Noh Geumbong. Are you crying?”

Woo Seungcheol teased Noh Geumbong, whose eyes had become wet with emotion.

“Crazy bastard. Who’s crying?”

Another round of laughter burst out.

“Ah, Seungcheol. I heard you write fantasy novels. What’s your pen name?”

“Ah... Gaebyeok.”

“Gaebyeok? As in cheonji-gaebyeok, the opening of heaven and earth?”

Woo Seungcheol only nodded awkwardly instead of answering.

I looked at him again.

“Then where can I read what you wrote? I want to see it too.”

Do Kijeong looked at me with interest.

“What? Kibaek, you read web novels too?”

“Yeah. I read them pretty often.”

“Really? That’s unexpected.”

He laughed.

“A lot of people read webtoons, but most don’t know much about web novels. It’s still kind of a culture only people who know it really know.”

Serialized fiction had originally started on PC communication boards in the 1990s.

In the 2000s, it moved to personal homepages and free serialization sites, where it continued to survive.

Even now, in 2012, the term web novel was still nowhere near as widely recognized as webtoon.

“Come on, why are you underestimating me?”

I grinned.

“I was a literary boy in my own way.”

“Now that you mention it, I used to upload novels on Chollian when I was in high school too.”

Do Kijeong’s eyes became distant with nostalgia.

“Brings back memories.”

“I had a modem at home too, but my mom wouldn’t let me use it because she said the phone bill would explode if I went online.”

“We didn’t even call it the internet back then.”

Do Kijeong immediately corrected me.

“It was PC communication.”

“Come to think of it, even the term web novel hasn’t been around that long.”

“We used to call them internet novels.”

As Do Kijeong’s old-man stories started getting longer, I turned back toward Woo Seungcheol.

“So where did you say I can read it?”

“Ah, I run a homepage.”

“If you go there and sign up, you can read it.”

“What’s the homepage called?”

“It’s called New Moon.”

He looked slightly embarrassed.

“It means new literature.”

“If you search New Moon, it should come up.”

To be honest, before my regression, I had read webtoons but almost never read web novels.

But I knew that in only ten years, the structure of the film and drama industries would completely change.

OSMP.

One Source Multi Play.

An era where a single original story or IP expanded across multiple forms of media.

One story.

One worldview.

A web novel would become a webtoon.

Then a drama.

Then a movie.

Sometimes even a game.

Sometimes merchandise.

A huge network of profit would form around a single piece of original content.

Countless movies and dramas would be adapted from webtoons and web novels.

And the competition for adaptation rights would spread like a new gold rush.

There was no way I, someone who knew all of that, would overlook this.

That was why, after my regression and entering 2010, two of the things I had paid the most attention to were the arrival of general programming channels and securing adaptation rights to webtoons and web novels as original IP.

While I had briefly fallen into thought, Noh Geumbong spoke.

“New Moon is a homepage Seungcheol made when he was in high school.”

“So among people who write internet novels, it’s actually pretty well known.”

“Really?”

I looked at Woo Seungcheol.

“If you started it in high school, it’s been around for a long time.”

“Yeah.”

Woo Seungcheol nodded.

“That was when making personal homepages was popular, like My Homepage and things like that.”

“Then did you start writing internet novels in high school too?”

“Ah, yes.”

He laughed awkwardly.

“Back then, it really was just for fun.”

“And the people who help operate the site with me are all people who care a lot about New Moon.”

“They kept it running while I was in the military.”

“Now word has spread around here and there, so membership has grown quite a lot lately.”

“Really?”

I asked.

“How many members?”

“About sixty thousand.”

“Sixty thousand?”

Even in a time when awareness of web novels was still low, sixty thousand members was definitely not a small number.

“Hang in there a little longer.”

I smiled.

“Within a few years, there’ll be a day when web novels are consumed by the public just as much as webtoons.”

“I really hope that day comes.”

Despite the hopeful words, there was a strangely bitter look at the corner of Woo Seungcheol’s mouth.

Then Noh Geumbong suddenly jumped into the conversation as if he had remembered something.

“Oh, right.”

“Seungcheol’s web novel is going to come out as a physical book soon.”

“A huge publishing company contacted him and wants to sign a contract.”

At the mention of a publishing contract, Do Kijeong and I both looked at Woo Seungcheol.

“Hey, Woo Seungcheol. Seriously?”

Do Kijeong’s eyes widened.

“Congratulations. You should’ve told us earlier.”

“Yeah.”

I smiled.

“This really is something worth celebrating.”

“Let’s drink properly tonight.”

At this time, there were very few ways for someone serializing web fiction to make money besides getting contacted by a publisher and releasing a physical book.

So being contacted by a publisher was practically the same thing as being told you could finally earn money from your writing.

But despite our congratulations, Woo Seungcheol looked uncomfortable and had trouble responding.

“Hey, why do you look like that when people are congratulating you?”

“Smile a little.”

Woo Seungcheol glared at Noh Geumbong.

“Why’d you bring it up when I haven’t even signed yet?”

“You’re going to sign, aren’t you?”

“That’s...”

Woo Seungcheol still looked cautious.

I watched his expression closely.

“Why?”

“Is the publishing company bad?”

“No, it’s not that.”

He quickly waved his hands.

At that point, Noh Geumbong jumped in, looking frustrated.

“Do you know a publishing company called Cheongram?”

I shook my head.

“No.”

“It’s one of the top three publishers in this field.”

“A lot of famous web novels have been published there too.”

“Oh.”

Do Kijeong reacted immediately.

“If they’re that famous, isn’t that even better?”

But unlike him, Woo Seungcheol still looked unhappy.

I studied his face.

As expected, there’s something wrong.

I didn’t know much about the publishing industry.

But I knew that whenever an industry was in a transitional period and legal protections were weak, the same kind of problems always appeared.

Whether intentionally or through ignorance, the stronger side pushed the weaker side into unfavorable structures.

“Is there something wrong with the contract they offered?”

My question seemed to hit the exact problem.

Woo Seungcheol’s eyes immediately shook.

“H-How did you know?”

As expected.

At the phrase contract problem, Do Kijeong finally caught on.

“Why?”

“Is there some unfair clause?”

“Well...”

Woo Seungcheol hesitated for a moment before speaking.

“There’s a clause saying that all copyrights to the work are transferred to the publishing company.”

He lowered his eyes.

“To be honest, this is my first publication, and I’m a rookie, so I can accept almost anything else.”

“But this...”

Transfer of all copyrights?

“Ha...”

Do Kijeong looked genuinely stunned.

“They’re complete crooks.”

Noh Geumbong looked equally shocked.

“Hey, you never told me that.”

“You were already having a hard time because of Chopung.”

Woo Seungcheol smiled bitterly.

“Meanwhile, I got contacted by a publisher offering me a contract.”

“Honestly, compared to what you were going through, worrying about something like this felt like a luxury.”

“Hey!”

Noh Geumbong raised his voice.

“What kind of nonsense is that?!”

“All right, all right.”

I stepped in.

“Everyone calm down.”

Then I looked at Woo Seungcheol.

“So basically, you’re debating whether to sign or not.”

“Yes.”

He nodded.

“You know how it is, hyung.”

“People like us don’t really have any income except when a publishing company contacts us like this.”

“And there’s no guarantee another publisher will come along with better conditions.”

He hesitated.

“But...”

Woo Seungcheol admitted that he understood this could be an incredibly valuable opportunity.

Maybe it was even an opportunity that would never come again.

But at the same time, he didn’t know if signing a contract he knew was unfair was really the right thing to do.

Or whether he was simply being stubborn despite having nothing to his name.

“Yeah.”

Do Kijeong muttered sympathetically.

“This isn’t something you can decide easily.”

Woo Seungcheol then explained that he wasn’t the only person dealing with contracts like this.

“The people who post writing on our site...”

“Sure, some write as a hobby or just for fun.”

“But most of them are serious about writing.”

“And what they want is simple.”

He looked down.

“Even if it’s only a hundred won, they want to earn money from what they write.”

“They want to survive by writing.”

“But publishers just exploit how desperate those writers are.”

Woo Seungcheol explained that he and others had tried several different ideas to build a system where writers could receive compensation based on the effort they put into their work.

They had posted individual donation-account information for writers.

They had even considered charging membership fees to people who joined the site and then dividing the money among authors who uploaded stories.

“But...”

He sighed.

“It never works as easily as you think.”

Do Kijeong, who had been quietly listening, let out a frustrated sigh.

“Why don’t you just charge the people who actually read the web novels?”

Noh Geumbong laughed.

“Hyung, does that even make sense?”

“I know. I only said it because it’s frustrating.”

Do Kijeong frowned.

“But seriously, why couldn’t it work?”

“People pay money to read books.”

Woo Seungcheol nodded slowly.

“Actually, the staff and I talk about this all the time whenever we meet.”

He smiled faintly.

“We always say it would be nice if we could charge readers a hundred won per episode.”

“No.”

He corrected himself.

“Even fifty won would be enough.”

I couldn’t help smiling as I listened to the three of them.

Because very soon...

People really would start paying one hundred won per episode to read web novels.

Come to think of it...

If he just holds on a little longer, the web novel market will begin introducing paid systems.

Then...

Something suddenly flashed through my mind.

Right.

This is an opportunity.

How did I not think of this before?!

I knew that web novels, once considered a niche field, would grow rapidly after building a paid distribution system.

And by 2024, before my regression, the Korean web novel market would grow to around 1.2 trillion won.

Not only that.

Web novels would go beyond being simple genre content.

They would become core infrastructure for the K-content industry.

A central pillar of the original IP market.

Then...

What if I enter this barren industry first?

I had intervened in Starlight because I knew the future.

Why couldn’t I do the same thing with the web novel market?

Ha...

Why did I only think about buying adaptation rights to web novels and webtoons?

Why didn’t I think about creating the platform where web novels and webtoons themselves gather and are distributed?

This was no longer simply about securing web novels and webtoons as original IP.

If I did this...

I wouldn’t just buy original IP anymore.

I would stand on the side that produced it, distributed it, controlled the flow, and designed the market itself.

And right now...

I had Woo Seungcheol.

Right.

If I use the know-how and infrastructure Seungcheol has built while operating his web novel homepage all these years...

The moment my thoughts reached that point, my heart began pounding wildly.

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