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STARY

Full company profile

uuid0008ie4

Namestring
STARY
Legal namestring
Stary.com
Websiteurl
stary.com
Company typeenum
Private
Founded yearint
2018
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersSingapore, Singapore
HQ citystring
Singapore
HQ countrystring
Singapore
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
digital reading platforms, online fiction publishing, audiobook streaming services, short drama streaming, multilingual storytelling apps
Industry2 codes
1E-book Retail & Reading Platforms (Stores, Apps, Devices)
CodeMPAJAMAAPrimaryYes
2E-book Subscription & Bundling Services
CodeMPAJAMABPrimaryNo
NAICS code1 code
  • Book Publishers513130
SIC code1 code
  • Books: Publishing Or Publishing & Printing2731
Product category
Digital Reading & Content Platforms
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Subscription Services
TypeSubscription Recurring
Description

Platforms like Starynovel offer subscription services for story lovers. Dreame provides reading services to over 100 million users with premium content access.

stary.com
2Content Monetization
TypeTransaction Fee
Description

Writers monetize stories through the Stary Writing platform. Creators earn through various cash bonuses covering signing new stories, completing stories, and frequently publishing new chapters.

stary.com
3Short Drama Streaming
TypeSubscription Recurring
Description

DreameShort provides mini-drama series streaming with maximum entertainment in minimum time, generating revenue through the platform.

stary.com
4Audiobook Services
TypeSubscription Recurring
Description

Wehear and DreameFM provide audiobook services with various story genres, monetized through subscriptions or per-content purchases.

stary.com
5Book Adaptation Revenue
TypeLicensing Royalties
Description

Stories are adapted into physical books, audiobooks, comic books, adventure games, and videos, creating additional revenue streams from intellectual property.

stary.com
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Brand1 of 12 records shown
1Dreame
Description

Young, fun, and bubbly online romance fiction platform with various genres including Romance, Paranormal, and Fantasy. Provides reading service for more than 100 million users in over 200 countries and regions.

stary.com
+11 more records
Core offering1 text field

STARY operates a global portfolio of multilingual digital reading, writing, audiobook, and short-drama platforms serving more than 100 million readers across 200+ countries. Its flagship apps include Dreame (romance fiction), Starynovel (subscription stories), Wehear and DreameFM (audiobooks), DreameShort (mini-dramas), StaryWriting (creator publishing), and language-localized apps such as Innovel, Sueñovela, Yugto, and PortReader.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Stary is an entertainment company of storytelling that operates a multi-platform portfolio of reading and writing services. The company provides multilingual reading platforms (Dreame, Starynovel, Ringdom, Innovel, Sueñovela, Yugto, PortReader) along with audio content platforms (Wehear, DreameFM) and short drama streaming (DreameShort). The core writing platform, StaryWriting, serves as a one-stop solution for writers to create, publish, market, and adapt their stories into various media formats. The company covers over 200 countries and regions with localization services in English, Arabic, Portuguese, Spanish, Russian, Filipino, Bahasa Indonesia, Vietnamese, and other languages.

Product and service12 records
1Dreame
CategoryDigital Reading Platform
Description

Online romance fiction reading platform featuring Romance, Paranormal, and Fantasy genres; serves 100M+ users across 200+ countries and is ranked #1 in app stores in North America and Southeast Asia.

2Starynovel
CategoryDigital Reading Platform
Description

Subscription-based story reading platform offering a magical and dreamy world for story lovers.

3DreameShort
CategoryShort Drama Streaming
Description

Next-generation mini-drama streaming platform delivering maximum entertainment in minimum time through short-form video content adapted from STARY's stories.

4Wehear
CategoryAudiobook Streaming
Description

Audiobook platform featuring stories across Romance, werewolf, adventure, horror, and paranormal genres.

5DreameFM
CategoryAudiobook Streaming
Description

Audiobook platform allowing users to enjoy audiobooks anytime and anywhere.

6StaryWriting
CategoryCreator Publishing Platform
Description

One-stop writing platform combining writing, publishing, marketing, and book adaptation; offers cash bonuses, signing bonuses, completion bonuses, free writing courses, and writing contests.

7Ringdom
CategoryDigital Reading Platform
Description

Online reading platform dedicated to adventure fiction, featuring Fantasy, Game, Apocalypse, Paranormal Urban, Isekai, System, and Cultivation genres.

8Innovel
CategoryLocalized Digital Reading Platform
Description

Indonesian-language reading platform providing high-quality Indonesian fiction.

9Sueñovela
CategoryLocalized Digital Reading Platform
Description

Spanish-language reading platform (pocket library) featuring Romance, Suspense, and Fantasy genres.

10Yugto
CategoryLocalized Digital Reading Platform
Description

Filipino-language reading platform featuring novels from prolific Filipino authors and bestsellers from authors worldwide.

11PortReader
CategoryLocalized Digital Reading Platform
Description

Portuguese-language reading platform dedicated to Portuguese fiction lovers featuring romances and parallel worlds.

12Slash
CategoryDigital Reading Platform
Description

World's first LGBT+ reading platform launched by STARY.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
1DreameShort Collaborators
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-09-01
Description

Stary ventured into the short drama market by launching DreameShort app in partnership with collaborators, creating a new entertainment format for story content.

stary.com
2DreameFM Partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-02-01
Description

Stary launched DreameFM app in collaboration with partners to enter the audiobook market, expanding content format offerings.

stary.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2020-09-01
Description

Stary entered the audiobook market launching Wehear app in collaboration with partners, providing audible content with various story genres.

4World-Renowned Publishers (Undisclosed)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

In January 2019, Stary expanded its partnerships to include more than 20 world-renowned publishers, significantly building its content library and industry credibility.

stary.com
5World-Renowned Publishers (Undisclosed)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2018-12-01
Description

In December 2018, Stary forged a partnership with a world-renowned publisher when Dreame officially launched. This partnership was foundational to establishing credibility and content quality for the platform.

stary.com
Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Web-based platform for serialized fantasy, adventure, and LitRPG fiction. Comparable in UGC fantasy/adventure focus, though primarily web rather than app-native.

TypeRegional player
Description

Korean web novel and webtoon platform with strong IP-to-drama adaptation pipeline. Comparable in serialized fiction monetization and content adaptation, though primary geography is Korea.

TypeDirect peer
Description

Serialized fiction and user-generated story platform owned by Naver. Most direct comparable given overlapping reader/creator model, multi-language reach, and content adaptation pipeline (Wattpad WEBTOON adaptations).

TypeDirect peer
Description

Mobile serialized fiction app with episode-based monetization and romance focus. Direct comparable in mobile-first romance reading and episode gating model.

TypeBroad incumbent
Description

Self-publishing platform for e-books and paperbacks with global reach. Comparable as a writer self-publishing channel but vastly broader scale and integrated with Amazon's retail/Kindle ecosystem.

TypeEmerging player
Description

Fast-growing mini-drama / short-form vertical video platform. Direct comparable to DreameShort as a short-drama streaming app competing for the same reader-fan audience and IP adaptation economics.

TypeDirect peer
Description

Platform for serialized web novels, comics, and multimedia storytelling with a creator monetization program. Comparable in mobile-first UGC storytelling and cross-format adaptation (comics to novels).

TypeBroad incumbent
Description

Largest audiobook platform globally. Comparable as an audio content distribution channel where Stary's Wehear and DreameFM compete for listener attention and creator audiobook deals.

TypeDirect peer
Description

Tencent-owned web novel platform with paid serialized fiction, mobile-first reading, and IP adaptation into dramas/games. Direct competitor in serialized fiction with global multilingual ambitions.

TypeDirect peer
Description

Mobile reading app focused on translated romance and fantasy web novels. Closely comparable in genre mix, creator monetization, and English-language reader targeting.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries12 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

STARY

Digital Reading & Content Platformsstary.com

STARY firmographics

Firmographics
Name
STARY
Legal name
Stary.com
Website
https://stary.com
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

STARY industry classification

Industry
Product category
Digital Reading & Content Platforms
NAICS
Book Publishers (513130)
SIC
Books: Publishing Or Publishing & Printing (2731)
akta.pro primary industry
E-book Retail & Reading Platforms (Stores, Apps, Devices) (MPAJAMAA)
akta.pro secondary industry
E-book Subscription & Bundling Services (MPAJAMAB)

Keywords

  • Digital reading platforms
  • Online fiction publishing
  • Audiobook streaming services
  • Short drama streaming
  • Multilingual storytelling apps

Where STARY is headquartered

Location

Headquarters

HQ city
Singapore
HQ country
Singapore
HQ region
Asia

Markets served

STARY business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Subscription Services: Platforms like Starynovel offer subscription services for story lovers. Dreame provides reading services to over 100 million users with premium content access.
  2. Content Monetization: Writers monetize stories through the Stary Writing platform. Creators earn through various cash bonuses covering signing new stories, completing stories, and frequently publishing new chapters.
  3. Short Drama Streaming: DreameShort provides mini-drama series streaming with maximum entertainment in minimum time, generating revenue through the platform.
  4. Audiobook Services: Wehear and DreameFM provide audiobook services with various story genres, monetized through subscriptions or per-content purchases.
  5. Book Adaptation Revenue: Stories are adapted into physical books, audiobooks, comic books, adventure games, and videos, creating additional revenue streams from intellectual property.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

STARY product offering

Product offering

Core offering

STARY operates a global portfolio of multilingual digital reading, writing, audiobook, and short-drama platforms serving more than 100 million readers across 200+ countries. Its flagship apps include Dreame (romance fiction), Starynovel (subscription stories), Wehear and DreameFM (audiobooks), DreameShort (mini-dramas), StaryWriting (creator publishing), and language-localized apps such as Innovel, Sueñovela, Yugto, and PortReader.

Product overview

Stary is an entertainment company of storytelling that operates a multi-platform portfolio of reading and writing services. The company provides multilingual reading platforms (Dreame, Starynovel, Ringdom, Innovel, Sueñovela, Yugto, PortReader) along with audio content platforms (Wehear, DreameFM) and short drama streaming (DreameShort). The core writing platform, StaryWriting, serves as a one-stop solution for writers to create, publish, market, and adapt their stories into various media formats. The company covers over 200 countries and regions with localization services in English, Arabic, Portuguese, Spanish, Russian, Filipino, Bahasa Indonesia, Vietnamese, and other languages.

Differentiator

Problem solved

Functional benefit

Brands

  • Dreame: Young, fun, and bubbly online romance fiction platform with various genres including Romance, Paranormal, and Fantasy. Provides reading service for more than 100 million users in over 200 countries and regions.
  • Starynovel
  • DreameShort
  • Wehear
  • Dreame FM
  • Stary Writing
  • Ringdom
  • Innovel
  • Sueñovela
  • Yugto
  • PortReader
  • Slash

Products and services

  • Dreame Online romance fiction reading platform featuring Romance, Paranormal, and Fantasy genres; serves 100M+ users across 200+ countries and is ranked #1 in app stores in North America and Southeast Asia.
  • Starynovel Subscription-based story reading platform offering a magical and dreamy world for story lovers.
  • DreameShort Next-generation mini-drama streaming platform delivering maximum entertainment in minimum time through short-form video content adapted from STARY's stories.
  • Wehear Audiobook platform featuring stories across Romance, werewolf, adventure, horror, and paranormal genres.
  • DreameFM Audiobook platform allowing users to enjoy audiobooks anytime and anywhere.
  • StaryWriting One-stop writing platform combining writing, publishing, marketing, and book adaptation; offers cash bonuses, signing bonuses, completion bonuses, free writing courses, and writing contests.
  • Ringdom Online reading platform dedicated to adventure fiction, featuring Fantasy, Game, Apocalypse, Paranormal Urban, Isekai, System, and Cultivation genres.
  • Innovel Indonesian-language reading platform providing high-quality Indonesian fiction.
  • Sueñovela Spanish-language reading platform (pocket library) featuring Romance, Suspense, and Fantasy genres.
  • Yugto Filipino-language reading platform featuring novels from prolific Filipino authors and bestsellers from authors worldwide.
  • PortReader Portuguese-language reading platform dedicated to Portuguese fiction lovers featuring romances and parallel worlds.
  • Slash World's first LGBT+ reading platform launched by STARY.

Companies that use STARY

Customer profile

Segments4 records

Ideal customer profiles3 records

STARY technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

STARY partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core.

  • DreameShort CollaboratorscoreStrategic or Co-development Partner · 1 September 2023Stary ventured into the short drama market by launching DreameShort app in partnership with collaborators, creating a new entertainment format for story content.
  • DreameFM PartnerscoreStrategic or Co-development Partner · 1 February 2022Stary launched DreameFM app in collaboration with partners to enter the audiobook market, expanding content format offerings.
  • Wehear PartnerscoreStrategic or Co-development Partner · 1 September 2020Stary entered the audiobook market launching Wehear app in collaboration with partners, providing audible content with various story genres.
  • World-Renowned Publishers (Undisclosed)coreStrategic or Co-development Partner · 1 January 2019In January 2019, Stary expanded its partnerships to include more than 20 world-renowned publishers, significantly building its content library and industry credibility.
  • World-Renowned Publishers (Undisclosed)coreStrategic or Co-development Partner · 1 December 2018In December 2018, Stary forged a partnership with a world-renowned publisher when Dreame officially launched. This partnership was foundational to establishing credibility and content quality for the platform.

Scale indicators6 records

Recent moves3 records

Expansion highlights4 records

STARY competitors and assessment

Company assessment

Direct peers

  • Royal Road: Web-based platform for serialized fantasy, adventure, and LitRPG fiction. Comparable in UGC fantasy/adventure focus, though primarily web rather than app-native.
  • Wattpad: Serialized fiction and user-generated story platform owned by Naver. Most direct comparable given overlapping reader/creator model, multi-language reach, and content adaptation pipeline (Wattpad WEBTOON adaptations).
  • Radish Fiction: Mobile serialized fiction app with episode-based monetization and romance focus. Direct comparable in mobile-first romance reading and episode gating model.
  • Tapas Media: Platform for serialized web novels, comics, and multimedia storytelling with a creator monetization program. Comparable in mobile-first UGC storytelling and cross-format adaptation (comics to novels).
  • Webnovel (Yuewen / China Literature): Tencent-owned web novel platform with paid serialized fiction, mobile-first reading, and IP adaptation into dramas/games. Direct competitor in serialized fiction with global multilingual ambitions.
  • GoodNovel: Mobile reading app focused on translated romance and fantasy web novels. Closely comparable in genre mix, creator monetization, and English-language reader targeting.

Regional players

  • Kakao Page: Korean web novel and webtoon platform with strong IP-to-drama adaptation pipeline. Comparable in serialized fiction monetization and content adaptation, though primary geography is Korea.

Broad incumbents

  • Amazon Kindle Direct Publishing: Self-publishing platform for e-books and paperbacks with global reach. Comparable as a writer self-publishing channel but vastly broader scale and integrated with Amazon's retail/Kindle ecosystem.
  • Audible (Amazon): Largest audiobook platform globally. Comparable as an audio content distribution channel where Stary's Wehear and DreameFM compete for listener attention and creator audiobook deals.

Emerging players

  • ReelShort: Fast-growing mini-drama / short-form vertical video platform. Direct comparable to DreameShort as a short-drama streaming app competing for the same reader-fan audience and IP adaptation economics.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

STARY social profiles

Digital presence

STARY financial estimates

Financial estimate

Revenue estimate

Valuation estimate

STARY leadership team

Management profile

Number of profiles

Profiles1 record

STARY subsidiaries and ownership

Company hierarchy

Subsidiaries12 records

STARY funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

STARY M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about STARY

What does STARY do?

STARY operates a global portfolio of multilingual digital reading, writing, audiobook, and short-drama platforms serving more than 100 million readers across 200+ countries. Its flagship apps include Dreame (romance fiction), Starynovel (subscription stories), Wehear and DreameFM (audiobooks), DreameShort (mini-dramas), StaryWriting (creator publishing), and language-localized apps such as Innovel, Sueñovela, Yugto, and PortReader.

Is STARY a public or private company?

STARY is a private company. It is classified as unknown and is currently operating.

When was STARY founded?

STARY was founded in 2018. It employs 501 to 1,000 people.

Where is STARY based?

STARY is headquartered in Singapore, Singapore, in the Asia region.

How does STARY make money?

Five revenue lines are on record. Subscription Services are the primary driver. The others are content Monetization, short Drama Streaming, audiobook Services and book Adaptation Revenue.

Who are STARY's main competitors?

Direct peers on record are Royal Road, Wattpad, Radish Fiction, Tapas Media, Webnovel (Yuewen / China Literature) and GoodNovel. Kakao Page is listed as a regional player. Broad incumbents are Amazon Kindle Direct Publishing and Audible (Amazon). ReelShort is listed as an emerging player.

Does STARY have an API?

No public API is recorded for STARY.

What industry is STARY in?

STARY's product category is Digital Reading & Content Platforms. Its primary akta.pro industry code is MPAJAMAA, E-book Retail & Reading Platforms (Stores, Apps, Devices), with a secondary code of MPAJAMAB, E-book Subscription & Bundling Services. Its NAICS code is 513130 and its SIC code is 2731.

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Live signals
PR NewswireDreame Sees Higher Rating on App Stores with Boosted User SatisfactionDreame, a Singapore-based e-book reading app affiliated with company Stary, has achieved a 4.43 rating on iOS and 4.40 on Google Play as of May 27, 2020, with over 75 million of its 100 million users giving it five-star ratings. The app offers over 200,000 stories across all genres and has garnered approximately 90% positive ratings from readers in 100-odd countries, making it one of the top-rated reading apps globally. CEO Samuel Lau attributed the app's success to maintaining a user-centric approach and efficiently responding to user feedback within two hours.PR NewswireSwordystory is Hosting a Fantastic Life Writing Contest -- Without Entry FeesSwordystory, a newly launched subsidiary of Stary, is hosting a Fantastic Life Writing Contest for fantasy, adventure, and doomsday fiction from March 4 to June 2, 2020. The contest offers $11,000 in total prizes, with the top three winners receiving $5,000, $3,000, and $2,000 respectively, plus additional $1,000 awards for popular stories in categories like character development and plot. The platform, based in Singapore, aims to support authors with content monetization, professional writing services, and potential story adaptations into games, audiobooks, or books.PR NewswireStary Offers Work-from-home Jobs to Support UsersSingapore-based private equity firm Stary, owner of online reading platforms Dreame and Swordystory, has announced work-from-home writing opportunities to support people experiencing income loss during the COVID-19 pandemic. The company has distributed over 6 million in revenue to users writing stories on its Dreame platform and is hosting writing contests with prizes up to $5,000 through June 2020. Stary CEO Samuel Law stated the initiative aims to help authors increase income and pursue writing careers, with Dreame having grown to over 20 million users by March 2020.PR NewswireDreame is Hosting a Writing Contest to Celebrating Its AnniversaryDreame, a fiction reading mobile app, is hosting a writing contest titled "Show Your Girl Power" to celebrate its one-year anniversary in August 2019, with the contest running until November 1, 2019 and prizes including up to $1,000 cash, book reviews, and book promotion. In just one year of operation since its official launch in August 2018, Dreame has grown to over 10,000 authors publishing stories and millions of active monthly users, ranking among the top three reading apps by revenue on Google Play and App Store in the United Kingdom, Canada, Australia, and India, and the top reading app in Indonesia and the Philippines. Stary, the Singapore-based holding company for Dreame, also announced plans to enable authors to write directly on the Dreame app and apply for stories to be listed in a "Pay-to-Read" program, along with improvements to the reading recommendation algorithm.PR NewswireDreame Readership Surges with new Alpha SeriesDreame, a social reading platform owned by STARY, reported a surge in readership driven by its popular Alpha series of werewolf and vampire fiction. In June 2019, the company paid out over $100,000 to participating authors, highlighting its content monetization model for writers.PR NewswireDreame's Payment and Clearing System Helps Authors Receive RevenueIn June 2019, STARY, the Singapore-based private equity firm behind the fiction reading mobile app Dreame, successfully distributed payments to authors through its newly launched "payment and clearing system." More than $100,000 has been sent to authors through the platform, which provides three reporting components: Daily Coins Report, Monthly Revenue Report, and Payment Table. The company is also expanding its data analysis tools to publishers and E-book aggregators, with nearly 100 industry institutions having expressed cooperation interest during the 2019 BookExpo.PR NewswireDreame Provides a New Way for Writers to Monetize their ContentStary and its online publishing platform Dreame launched a new payment and clearing system that shortens the payment cycle for writers from 30 days to 14 days, enhancing content monetization options. The platform, which officially launched in August 2018, has gained over 1 million downloads as of March 2019 and invested $1.5 million in online advertising in 2018, with plans to increase that investment to over $12 million in 2019. Dreame attended the London Book Fair on March 12, 2019, seeking to expand cooperation with publishers as it positions itself as a new avenue for writers to monetize their creative content.