Disney and Webtoon’s Partnership Is Leading to a Massive New Comics App

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Last month, Webtoon announced a major new deal with Disney to bring a litany of original licensed stories and past comics from across Marvel’s library to the scrolling format that has made Webtoon a significant force in the comics space. Today, however, the two companies confirmed that those plans are actually much, much bigger.

Today Webtoon Entertainment confirmed that Disney would be acquiring a 2% equity interest in the company as part of a non-binding…



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Disney and Webtoon’s Partnership Is Leading to a Massive New Comics App


Last month, Webtoon announced a major new deal with Disney to bring a litany of original licensed stories and past comics from across Marvel’s library to the scrolling format that has made Webtoon a significant force in the comics space. Today, however, the two companies confirmed that those plans are actually much, much bigger.

Today Webtoon Entertainment confirmed that Disney would be acquiring a 2% equity interest in the company as part of a non-binding…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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