Multipurpose furniture is an aspect of design that's a personal favorite of mine. I've done my best to fill my place with this type or furniture to make use of every cubic inch and make my place feel much larger than it is. :: Double Duty Furniture Examples | Apartment Therapy
Ok but imagine a series of short movies where people are in these places and paranormal shit keeps happening, or a web series where people keep getting transported and trapped, by some asshole entity or something, and can't leave until midnight, during which time random shit that they have to survive keeps happening, like ghosts, or a zombie apocalypse and stuff like that, idk I want to do that now :P
The most essential elements you will need for the reading corner would be one designated location around your home, somewhere comfortable to sit and of course your favorite books. Any small space can be used for this, such as the corner of the living room or your bedroom for example, as well as an alcove in the hallways, an unused window or some other place hidden a bit out of the way. Any one of these locations can make for a really good reading corner if you allow it to work.