![]() Taylor Grant will lead the WEBTOON entertainment portfolio, Eric Lehrman will lead the Wattpad entertainment portfolio, Ashleigh Gardner will continue to lead all aspects of publishing, and Dexter Ong will lead international business. Naver, parent company to both WEBTOON and Wattpad, will commit USD $100M to Wattpad WEBTOON Studios for development and production financing.Īfter launching and building the Wattpad Studios brand since 2017, Aron Levitz will step into the role of President of Wattpad WEBTOON Studios. Leveraging the passionate global fandoms from WEBTOON and Wattpad’s combined audience of more than 166 million people, Wattpad WEBTOON Studios will create the world’s most innovative multi-format studio making global fan and data-driven TV shows, films, and books. Combining local market expertise and audience data, Wattpad WEBTOON Studios can create local hits with regional partners or develop with a global audience in mind.TORONTO & LOS ANGELES–( BUSINESS WIRE)–Wattpad, the global multi-platform entertainment company for original stories and leading social storytelling platform, and WEBTOON, the world’s largest digital comics platform, today announced that the companies will merge their studio divisions to create Wattpad WEBTOON Studios. And they’re doing it with a full global perspective from Day One. “The team at Wattpad WEBTOON Studios is developing IP across formats, building franchises, and nurturing the fandoms that power them. “Wattpad WEBTOON Studios is here to knock down every remaining border in entertainment,” remarked WEBTOON founder and CEO, Jun Koo Kim. Wattpad has published hundreds of books with partners around the world and 30 titles from the Wattpad Books imprint since launching in 2019. ![]() Several Wattpad WEBTOON Studios entertainment projects have or will also be published as books including volume 1 of Rachel Smythe's Eisner Award-nominated WEBTOON graphic novel series, “Lore Olympus” coming from Penguin Random House in October 2021. Publishing is a key component of the Wattpad WEBTOON Studios strategy, allowing to fully verticalized IP across TV, film, and books. The series has been greenlit for a second season. In Southeast Asia, the Vidio Original Series Turn On, produced by Wattpad Studios and Screenplay Films, set a record 10 million views for Vidio in Q1 2021. WEBTOON’s credits include the comic “Tower of God,” and its TV adaptation, now available on Crunchyroll and HBO Max “After,” which accumulated more than 1.5 billion reads on Wattpad, before becoming a novel from Simon & Schuster and film from Voltage Pictures and Wattpad Studios in 2019 and Hulu’s Light as a Feather, produced by AwesomenessTV, Wattpad Studios, and Grammnet. Previous Netflix projects include the co-production of Komixx Entertainment’s adaptation of “The Kissing Booth,” the story Beth Reekles first wrote on Wattpad. Wattpad WEBTOON Studios currently has more than 100 projects in development or production including Netflix’s WEBTOON-originated Sweet Home Noblesse, an anime co-production between WEBTOON and Crunchyroll and the upcoming Netflix Original Film A Traves de Mi Ventana from Nostromo Pictures, based on the global Wattpad hit of the same name. ![]() By merging the entertainment divisions, Wattpad WEBTOON Studios strengthens Naver’s global presence in IP, digital comics, and web novels. The move aligned Wattpad with Naver’s WEBTOON, two leading comics, entertainment, and storytelling companies. South Korea’s internet conglomerate Naver recently acquired Wattpad in a transaction estimated to be more than USD $600M. We’re looking to the future, with hundreds of millions of new stories to power the next 100 years of hits on screens and bookshelves.” “Businesses are spending billions of dollars to capture the last 100 years of IP. “We’re bringing a new era of diverse voices and incredible IP to audiences and an industry looking for both,” commented Levitz. Naver, parent company to both WEBTOON and Wattpad, will commit USD $100M to Wattpad WEBTOON Studios for development and production financing.Īfter launching and building the Wattpad Studios brand since 2017, Aron Levitz will step into the role of president of Wattpad WEBTOON Studios. ![]() The new multi-format studio will focus on creating fan and data-driven TV shows, films, and books. Global multi-platform entertainment company Wattpad and WEBTOON, the digital comics platform, have announced the merger of their studio divisions to create Wattpad WEBTOON Studios, bringing their new combined audience to more than 166 million people.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |