This is called wishful thinking. The research was ordered by webtoons producers.
edit: ayyy
We've seen this over and over again, from telenovelas to anime to k-drama - the pie is never that large.
With absolutely no internal knowledge, I assume the author cuts the panels in traditional book style and specifies colors and background etc., and from there basically two teams running in parallel, one producing the vertical stream from the digital assets, and the other executing on the panel format.
This makes the vertical stream very readable, well balance and optimized, with none of the clunky artifacts that appear on manga that have been 'converted' for mobile format.
Looking at how there's actually three (!) versions of the series released in parallel, I'd assume they're just throwing money where it matters to cover the most ground.
(It's a bit like asking "how well does putting comics on pages work?" Different comics use the medium very differently.)
It's also a great manhwa, and supporting the authors and English translations can't be a wrong thing to do. :)
https://books.apple.com/us/book/solo-leveling-vol-1-comic/id...
Solo Leveling (a Korean Manhwa) is doing exactly that with their ebook publishing - so it'd definitely an industry thing, not limited to any one country.
I'm not sure I like it, but if I want it as an ebook (at least in part to support the authors and keep getting manga/manhwa in the US), there's not a lot of choice either.
Manga market is valued at 4.5bn USD (613 bn JPY)[0] so we’re not there yet.
On the format part, it’s interesting to see manga publishers adapting to smartphones and sometimes have two versions published: one vertically scrollable “decomposed” stream of the story, and a “recomposed” book format version sold as comic book in the traditional way. Line manga does that, and I’d expect a bunch more companies to have made the move.
All in all, good ideas spread fast in those spheres, and the article’s “The industry’s business model has hardly changed since the 1960s” tagline is I think misleading regarding the industry’s ability to adapt.
https://www.statista.com/topics/7559/manga-industry-in-japan...