• Home
  • Contact
  • FAQs
    • What is Webcomics.com?
    • Member Benefits
    • How To Post an Article or News Item
    • How to Post a Webcomic on the List
    • How to Post a Comic
    • Terms of Service
  • Forums
  • WebComics List
  • Benefits
    • Print Vendors: Get multiple quotes
    • Banner stand: Discount
    • Consultation discount
    • “How To Make Webcomics” book: discount
    • “Webcomics Handbook”: discount
    • ALL benefits
  • My Account
    • Welcome
    • What is Webcomics.com?
    • My Subscription
    • Join us!
  • Account
  • Membership List
Twitter Email RSS

Webcomics.com

How To Make WebComics

WebComic Handbook

‹ Patreon’s proposed billing changes How to launch a new comic ›

Webtoons acquires Wattpad

From Endgadget:

Webtoon and Wattpad may soon be inextricably linked. Naver, the South Korean internet giant behind the Webtoon digital comics platform, will acquire Wattpad for a deal worth US$600 million in cash and stocks. The two websites will have a “connected ecosystem” after the acquisition is complete. Neither side has revealed what that means exactly, but The Hollywood Reporter says they’ll share a platform for their combined audience of 160 million users.

Wattpad is a website and app for writers to publish new user-generated stories. It aims to create social communities around stories for both amateur and established writers. In other words, it’s a Webtoons for writers. According to Variety:

Wattpad says its global community spends more than 23 billion minutes monthly engaged with original stories spanning genres including sci-fi, romance, fantasy and horror. To date, around 1,500 Wattpad stories have been published as books or adapted for TV and film. The company’s Wattpad Studios division has developed TV shows and films with studios like Sony Pictures Television, Picturestart in the U.S., Germany’s Bavaria Fiction, France’s Mediawan, Brazil’s Wise Entertainment, Canada’s CBC and Singapore’s MediaCorp. In 2019, Wattpad launched Wattpad Books, which has published 21 books to date.

In October, Naver was fined 26.7 billion won, around $23 million, by South Korea’s Fair Trade Commission for manipulating its search algorithm to give preferential treatment to its own services and contents over rivals. (Source: ZDnet)

Share this:

  • Facebook
  • Twitter
by Brad Guigar on January 25, 2021
Posted In: Business
Comments available to logged in users only.


Recent comments

  • Jaycee Knight on Twitter announced paid-content feature “Super Follows”
  • Jaycee Knight on Line breaks in word balloons
  • Jaycee Knight on Line breaks in word balloons
  • Brad Guigar on Line breaks in word balloons
  • Jaycee Knight on Line breaks in word balloons

Search




Webcomics.com Poll

I design my comic specifically for smartphones and digital tablets.

View Results

Loading ... Loading ...
  • Polls Archive

Categories

  • Archive Dive
  • Articles
    • Advertising
    • Art
    • Business
    • Community
    • Conventions
    • Creativity
    • Crowdfunding
    • Digital publishing
    • Image prep
    • Lettering
    • Marketing / Social Media
    • Merchandise
    • Print publishing
    • Tech
    • Web site
      • Web Site Design
    • Writing
  • ComicLab
  • Edited and Ready
  • Events
  • Guest
  • Hot Seat critiques
  • Information
  • Interviews
  • Livestream Chat
  • Mail Bag
  • Member Benefits
  • Promos
  • Site News
  • Studios
  • Surviving Creativity
  • To-Do List
  • Uncategorized
  • Video
  • Webcomics Confidential
  • Webcomics Weekly
  • Webcomics.com Poll

Tags

AdSense advertising Comic Easel comments composition contract copyright creativity exercise credit cards Crowdfunding digital lettering digital publishing Facebook Google Analytics holiday Humor IP KDP Kickstarter Kindle legal lettering line weight Longform comics Manga Studio merchandise NCS panels Patreon Promotion PulsePoint readers revenue SEO shipping social media Square taxes trademark Twitter typography Web design word balloons WordPress writing

Special Features

Just now, in the forum…

  • Patreon: upfront charging or not?
  • Longform webcomics
  • Quantity time vs quality time on social media
  • Writing a Slice of life
  • Can’t Set Up WordPress Site

Recent Posts

  • How to launch a new comic
  • Twitter announced paid-content feature “Super Follows”
  • Webcomics Confidential #48: Spamming Your Patreon Backers
  • Line breaks in word balloons
  • Navigating the UK Bureaucracy of VAT Collection

Recent Replies

  • Jaycee Knight on Patreon: upfront charging or not?
  • Brad Guigar on Longform webcomics
  • Brad Guigar on Patreon: upfront charging or not?
  • Shadowmark Productions on Can’t Set Up WordPress Site
  • Brad Guigar on Can’t Set Up WordPress Site

Recent Topics

  • Patreon: upfront charging or not? by Jaycee Knight
  • Longform webcomics by MynameizJR
  • Quantity time vs quality time on social media by MrMcCloud
  • Writing a Slice of life by MrMcCloud
  • Can’t Set Up WordPress Site by edustin78

Recent Comments

  • Jaycee Knight on Twitter announced paid-content feature “Super Follows”
  • Jaycee Knight on Line breaks in word balloons
  • Jaycee Knight on Line breaks in word balloons
  • Brad Guigar on Line breaks in word balloons
  • Jaycee Knight on Line breaks in word balloons
  • My Subscription
  • Contact
  • Store
  • Terms of Service
  • Account
  • Membership List

©2007-2021 Webcomics.com | Powered by WordPress with ComicPress | Subscribe: RSS | Back to Top ↑