SEOUL, Jun. 13 (Korea Bizwire) — Unfair contracts and practices are posing a grave threat to the livelihood of cultural artists operating in Seoul, a survey conducted by the metropolitan government said Monday. In the poll of 315 cartoonists and webtoon writers and 519 illustrators from last December to February this year, four of five [...]
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 [...]
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 [...]
SEOUL, March 14 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s most popular mobile messenger Kakao Talk, said Monday that it has teamed up with a Chinese conglomerate to bring its online webtoons to the rapidly-growing market. Under the deal with Huace Group, one of China’s leading entertainment groups, five of Kakao’s Daum [...]
SEOUL, Dec.14 (Korea Bizwire) – With the new popularity of ‘snack culture’, a trend in which people enjoy light content in a short amount of time, the portal industry is taking measures to boost related services. From webtoons to sports and videos, various forms of content are growing through two large platforms, portal and mobile. [...]
The Korea Tobacco Association (KTA) announced that it will start a campaign to prevent smoking among teenagers with students from ‘The School to help you Grow, Byeol’ and popular webtoonist Jeon Sun-wook, famous for his webtoon ‘Free draw’ on Naver. (Image : Kobizmedia / Korea Bizwire) SEOUL, Dec.2 (Korea Bizwire) – The Korea Tobacco Association [...]
SEOUL, Apr. 15 (Korea Bizwire) — Daum Kakao will start a webtoon service in China, introducing 40 Korean webtoons in Chinese on four Chinese online platforms, qq.com, U17, Cmread and Mileland. The company will also expand its business in the U.S.A and start to prepare for Japanese operations in the second half of the year, [...]
SEOUL, April 9 (Korea Bizwire) — Korean entertainment giant CJ E&M said Thursday it will produce a Web drama starring two K-pop artists managed by YG Entertainment – girl group 2NE1‘s Sandara Park and boy group Winner‘s Kang Seung-yoon. Based on a Webtoon of the same title, the drama, “We’re Separated,” will portray the country’s younger generation [...]
SEOUL, Jan. 6 (Korea Bizwire) – Naver is planning to maximize the revenue of webtoon creators by enforcing a PPS (Page Profit Share) strategy, the company said on January 5. PPS is a business strategy introduced by Naver in 2013. It is designed to maximize the exposure of character products and paid content based on webtoons. [...]
SEOUL, Nov. 29 (Korea Bizwire) – Over the past few years, movies and TV dramas based on webtoons have been increasing in popularity. Films based on online cartoons from Moss and Secretly Greatly to the most recent Fashion King are the talk of the town in the film industry. Misaeng, meaning an incomplete life, which [...]