© Copyright 2021 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. If playback doesn't begin shortly, try restarting your device. JungYoon Cha for NAVER: [email protected] Kiel Hume for Wattpad: [email protected]Justin Kranzl for WEBTOON: [email protected], Cision Distribution 888-776-0942 Thank you to everyone who has bought... my books over the years. LOS ANGELES, Jan. 19, 2021 /PRNewswire/ -- The Board of Directors of WEBTOON™'s parent company, NAVER, announced today that it has approved a definitive agreement to acquire leading social storytelling platform, Wattpad, in a cash and stock transaction valued at more than an estimated USD 600 million. NAVER operates Korea's No.1 search engine and largest e-commerce platform, and is a leading provider of fintech services, digital content and cloud services to a global community. Browse. In 2018, NAVER was ranked as the 9th most innovative company by Forbes and top 6th Future 50 company by Fortune magazine. “Today’s news is about continuing Wattpad’s journey and taking our business to the next level. Webtoon, whose webcomics include Rachel Smythe’s “Lore Olympus,” also has a studio division that has worked to adapt original intellectual property in partnerships with the Jim Henson Company; Crunchyroll; Vertigo Entertainment, the production company behind the “It” franchise and “The Lego Movie”; and Bound Entertainment, the global studio led by producer Samuel Ha (“Snowpiercer,” “Okja”). YouTube is an American online video-sharing platform headquartered in San Bruno, California.Three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—created the service in February 2005. I am so grateful for your support. Bodine’s “The Hound,” which is being scripted by Angela LaManna (Netflix’s “The Haunting of Bly Manor”); and “Float,” a movie based on Kate Marchant’s popular Wattpad teen-romance story, starring Robbie Amell (“Upload”), who is also set to produce. To date, around 1,500 Wattpad stories have been published as books or adapted for TV and film. LOS ANGELES, Jan. 19, 2021 /PRNewswire/ -- The Board of Directors of WEBTOON™'s parent company, NAVER, announced today that it has approved a … Nobody even knows she's miss... #auction #kidnapped #mystery #prisoner #slave #sold #thriller #torture Wattpad is a web site that allows members to publish user-generated stories on a variety of different topics. Download it once and read it on your Kindle device, PC, phones or tablets. On average, Wattpad users who buy books, purchase three books per month. 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. Webcomics and webnovels have already proven to serve as valuable source content for successful secondary works. Wattpad is one of the most viewed sites on the Internet with over 150+ Million Pageviews per month. Toronto-based online storytelling company Wattpad Corp. said its board of directors unanimously approved a cash and stock transaction Tuesday that will see it … In 2019, Wattpad launched Wattpad Books, which has published 21 books to date. Wattpad Corp., the Toronto start-up turned masive global digital company, could soon be bought out for more than $500 million USD. zodiacs, creepypastazodiac, kpop. When typing in this field, a list of search results will appear and be automatically updated as you type. [3] globally for a Netflix TV show in [the month of December]. Webtoons bought Wattpad. So I have decided to upload my Culinary Competition series onto Wattpad where anyone can read them for free. The deal is expected to close in Q2 2021. We tested three hypotheses and brought evidence to support our arguments: 1. analysing the themes of around 30 million stories published on Wattpad we highlighted differences and similarities of reading interests across 13 different languages, contributing to the study of world literature; 2. analysing users’ behaviours in reading Classics and Teen Fiction we showed that readers’ engagement on Wattpad … His stories on Wattpad, such as “When the Black-Eyed … he has herd about this auction in... Browse. from 8 AM - 9 PM ET. I'm aware there's many people that make fun of Wattpad, but it still has an large amount of potential teenage audience. Chasing Red: From a Wattpad Sensation, a Steamy New Adult Romance about a Jock and the Girl He Can Never Have - Kindle edition by Ronin, Isabelle. By far my favorite story on wattpad, and Blake Eaton and Lexi Grayson are the best couple on the website by miles. Yes, Naver acquired Wattpad for $600 million, no kidding. However, when two of Dylan's close friends come in, Lily begins to feel exc... Innocent fifteen year old Angelica Pearl is forced sign up for an auction, to be bought … Wattpad has seen enormous entertainment success with published books, as well as TV, and film adaptations like the After franchise, Hulu's series Light as a Feather, and the hit Indonesian Vidio Originals series Turn On. Wattpad previously raised $117.8 million from investors in Asia, the U.S. and Canada. Well, more like it has been renamed, haha. . At the airport something happens and she ends up on a private jet with the men who just kidnapped her. I will be doing a series videos all about wattpad this week and next next.... and possibly for a month! 4chan is an anonymous English-language imageboard website. too rich for his own goo to be exact. tl/dr: they will delete your account without warning or reason. Under the terms of the deal, Wattpad will remain based in Toronto, Canada, under the continued leadership of its co-founders, CEO Allen Lau and chief strategy officer Ivan Yuen. Wattpad has seen enormous entertainment success with published books, as well as TV, and film adaptations like the, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. image caption Wattpad founders Allen Lau (left) and Ivan Yuen set up the business in 2006. 17% bought between three and five 5 books per month. Note for media and analysts:ABOUT WEBTOONWEBTOON, a subsidiary of NAVER, is the world's leading digital platform for visual storytelling, with more than 72+ million global monthly readers. How does it work? NAVER cultivates a culture of 'Founder-type leaders' who continue to launch innovative mobile applications, including LINE (Japan's No.1 messaging app), NAVER Webtoon and SNOW. 8% bought more than six books per month They offer opportunities to fiction and non-fiction writers to make money off their short stories. Previous investors include OMERS Ventures, August Capital, Union Square Ventures, Golden Venture Partners, Khosla Ventures, AME Cloud Ventures, Northleaf Venture Catalyst Fund and Version One Ventures. Mary Evet is studying abroad and eager to return home to her family. 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. And that's only the beginning. (Zarry underage) - amberstyles10680 - Wattpad. Wildly-successful Toronto startup acquired by tech giant for $754 million. The site is immensely popular and is ranked as the the 150th most visited site worldwide. Seoul-based Naver plans to acquire Wattpad in a cash and stock transaction valued at more than $600 million, subject to customary adjustments and other terms, the companies announced. One of the most popular movies in the U.S. is a terrible teen rom-com called “The Kissing Booth,” and it’s not in theaters. Wattpad has been acquired by the Naver, the South Korean Internet Conglomerate which is also home to the digital comics platform Webtoon. For many, it has helped launch their careers, and for some, it has been a bit of a time suck. Wattpad is a platform that allows authors to network and build a following of readers. 1 in Korea and No. Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google's subsidiaries.. YouTube allows users to upload videos, view them, rate them with likes … The Board of Directors of Wattpad … Wattpad Has been Sold. This book begins off where the movie ended-Dylan and Lily are great friends and love the zoo. The Wattpad Next Beta is officially gone! The companies said the deal will “align” Wattpad’s user base of more than 90 million — which includes more than 5 million writers — with Naver’s Webtoon, which averages 72 million monthly active users. he has his friends, Liam, Niall, and Louis who are also rich. The transaction is subject to customary regulatory approvals and is expected to close within the first half of this year. Launched by Christopher "moot" Poole in October 2003, the site hosts boards dedicated to a wide variety of topics, from anime and manga to video games, music, literature, fitness, politics, and sports, among others. They story is very long, and takes me over 24 hours to read, but honestly I don't care because every second of the novel is interesting and funny. "Wattpad joining WEBTOON under the NAVER umbrella will be a big step towards us becoming a leading global multimedia entertainment company," said NAVER WEBTOON founder and CEO, Jun Koo Kim. Variety and the Flying V logos are trademarks of Variety Media, LLC. ... That was late 2006, the year Google bought video sharing site YouTube for $1.65bn. “Co-founders Allen Lau and Ivan Yuen, and the entire team at Wattpad, have created something special, and we are grateful to have Allen and Ivan continue to lead this fantastic company for us post-acquisition,” Naver CEO Seong-Sook Han said in announcing the deal. Heck, Netflix is planning to adapt popular Wattpad books to hit-it-off well with the teenage market. Bought by him. WEBTOON's innovative monetization model and Wattpad's massive library of diverse stories will provide each prospective affiliate with new levers for growth, creating a stronger foundation to fund an aspiring generation of young, creative talent. 68% of respondents bought books each month. She added, “Wattpad’s vision to entertain and connect the world through stories fits perfectly with our vision for Webtoon and Naver’s content brand.”, Wattpad was founded in 2006, based on the idea that “technology would democratize storytelling and that stories are the atomic unit of every type of entertainment,” Wattpad’s Lau said in a statement. My book covers are different, but the content is the same. Wattpad, the user-generated fiction platform and entertainment company, announced that it agreed to be acquired by Korean internet conglomerate Naver, parent of digital comics platform Webtoon, in a deal worth more than $600 million. Read Who bought a kitten from the story Creepypasta zodiacs by 0800ineedhelp (Books on hold) with 3,543 reads. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Lau: ‘Taking Our Business to the Next Level’ T he board of directors of Wattpad. Wattpad is entirely free for all of its users which means that authors are actually giving their work away for free with no option to sell on the site. Wattpad, the free publishing app that boasts 90 million readers worldwide, has been bought up by Naver, the South Korean Internet Conglomerate … It’s set to be coproduced with Collective Pictures (formerly Colony Pictures), which was behind Netflix’s “Code 8.”. With the backing of Korean technology giant, NAVER, WEBTOON and Wattpad will collaborate to create a stronger and connected ecosystem across visual and textual storytelling content, with a combined reader base of over 160 million monthly users globally.
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