webtoon Archives | Be Korea-savvy
Kakao Joins Hands with YG Entertainment for Japan ‘Webtoon’ Market

Kakao Joins Hands with YG Entertainment for Japan ‘Webtoon’ Market

SEOUL, Jul. 30 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger, KakaoTalk, has joined forces with major talent agency YG Entertainment Inc. to tap deeper into the online comic market in Japan, industry sources said Monday. Although the two firms have not signed official tie-up deals, the collaboration is drawing [...]

Pirated Content a Serious Threat to South Korean Webtoon Industry

Pirated Content a Serious Threat to South Korean Webtoon Industry

SEOUL, March 27 (Korea Bizwire) — South Korean webtoon makers are being hit hard by illegal copies, suffering economic damages of over 200 billion won every month. The worrying figure comes from a report from Webtoon Guide citing one website known for sharing illegal copies of South Korean webtoon series, which was submitted to the [...]

Seoul’s Cartoon Alley Wins 2017 Asian Townscape Award

Seoul’s Cartoon Alley Wins 2017 Asian Townscape Award

SEOUL, Aug. 7 (Korea Bizwire) — A winding cartoon mural street in Seoul’s Gangdong Ward has won the 2017 Asian Townscape Award from the Asia-Pacific regional office of the U.N. Human Settlements Program, the ward office said Monday. The street in southeastern Seoul, dubbed the Kang Full Cartoon Alley, is lined with wall paintings bearing [...]

South Korean Webtoons Venture Into New Markets

South Korean Webtoons Venture Into New Markets

SEOUL, June 27 (Korea Bizwire) – South Korean webtoon makers are branching out into foreign markets, with the hopes of expanding their presence and paving the way for up-and-coming cartoonists. NHN Entertainment, which owns the global webtoon platform ‘Comico’, is at the forefront of the international movement, as the company is scheduled to hold a [...]

World’s Digital Cartoon Market to Hit $1.17 bln in 2020

World’s Digital Cartoon Market to Hit $1.17 bln in 2020

SEOUL, May 4 (Korea Bizwire) – The global market for digital animation is expected to grow at an average of 10.8 percent annually to US$1.17 billion in 2020, an industry report said Wednesday. According to the annual report by the National IT Industry Promotion Agency (NIPA), the global digital cartoon market came to $814 million in 2016, up 15.7 percent from a year earlier. The findings showed digital cartoons accounted for only 4.1 percent of the entire animation industry in 2011 [...]

Online Games Turn to Webtoons for Content

Online Games Turn to Webtoons for Content

SEOUL, August 1 (Korea Bizwire) – Use of the intellectual property (IP) of webtoons (online comics) in the gaming industry is becoming increasingly popular. Because the main characters in webtoon series are already familiar to young gamers who often read comics, use of existing characters offers cost-saving benefits when it comes to marketing. Naver and Daum, the [...]