Your post reminded me of when I tried to monetize "blooks" (serialized books in blog format) about 5 years ago with PrintPusher.com (now defunct).

It was a tonne of work. Sourcing and promoting the content, publishing and layout (we were using WordPress, which was way jankier back then), and yes, generating traffic. It was so much work I didn't have time to enjoy any of the content, and it became unfun.

Heck, you should've just asked me. I could've saved you the hassle ;-)