South Korean tech giant Naver's webcomics business, called 'Webtoon', will rely on its deep bank of content and creators to fend off new competition from larger Silicon Valley rivals, its CEO said, as it plans a listing next year.
Webtoon Entertainment's booth is pictured during a comic festival in Paris, France, July 13, 2023. WEBTOON Entertainment/Handout via REUTERS/File Photowebcomics business, called "Webtoon", will rely on its deep bank of content and creators to fend off new competition from larger Silicon Valley rivals, its CEO said, as it plans a listing next year.
More recently, Amazon Japan launched a webcomics service called "Amazon Fliptoons" while Apple Books has also started a webtoons platform in Japan, with plans to expand to other countries. Webtoon Entertainment and its subsidiary have run amateur artists' debut programmes for years, generating 1.6 million titles from 900,000 creators as of January.Korean creators who published weekly webtoon episodes across a range of platforms earned on average 118.7 million won in 2022, according to data from state-run Korea Creative Content Agency, up from 81 million won in 2021.
Webtoon Entertainment has global monthly active users of 85.6 million as of Q2 2022 in more than 100 countries - including 12.5 million in the United states - up from 40 million in 2017. About 80% of them are younger than 30.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Park Ju Hyun To Replace Jung Ji So In New Drama Based On Hit WebtoonPark Ju Hyun To Replace Jung Ji So In New Drama Based On Hit Webtoon
Lire la suite »
Goldman Sachs CEO accused of 'blatant ignorance and disrespect' in fossil fuel debate.Students at David Solomon's alma mater slam the Goldman Sachs CEO of 'blatant ignorance and disrespect' during a debate
Lire la suite »
EX-CEO admits tricking Qualcomm into spending $180M to buy its own technologyOne of three men involved in a scheme that led Qualcomm to pay over $150 million for tech it already owned pleaded guilty to a related charge,
Lire la suite »
Walmart CEO, execs take on interns in epic softball gameWalmart executives went head-to-head with interns in a recent company softball game that took place in Arkansas. The company's first Interns v. Executives game happened in 1999.
Lire la suite »
Goldman Sachs CEO enrages students after allegedly calling fossil fuel divestment movement 'stupid'Three students from Goldman Sachs CEO David Solomon's alma mater, Hamilton College, accused the executive of referring to the fossil fuel divestment movement as 'stupid.'
Lire la suite »
Pint-size CEO starts water ice business, Dacoolerboyz, at 6 years oldChase Anderson started his own water ice business, Dacoolerboyz, at the age of 6.
Lire la suite »