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The platform, controlled by Naver and the Naver-SoftBank Group joint venture LY Corporation through a Delaware-domiciled, Los Angeles, California-headquartered holding company Webtoon Entertainment Inc., [1] is free and can be found both on the web at Webtoons.com and on mobile devices available for both Android and iOS.
A scene from the webtoon Tower of God, a third-generation webtoon An example of a modern Korean webtoon viewed through a webtoon viewing interface (Amazing Rumor by Jang Yi in Daum Webtoon) With the advent of the smartphone and tablet, webtoons have also migrated to new platforms such as apps.
Naver Webtoon (네이버 웹툰), later simply WEBTOON, is a webcomic platform where users have free access to a variety of webtoons created by professional artists. Users can also pay publishers to view comic books and genre fiction content online.
The service operated as Daum Webtoon alongside Kakao's other service, KakaoPage, attracting many readers to its platform. It wasn't until August 1, 2021, when the service was relaunched as Kakao Webtoon in order to expand globally and management changed to the platform now being operated by Kakao Entertainment , a subsidiary of Kakao. [ 2 ]
The Korean web portal Daum created a webtoon service in 2003, as did Naver in 2004. [14] These services regularly release webtoons that are available for free. According to David Welsh of Bloomberg , comics account for a quarter of all book sales in South Korea, while more than 3 million Korean users paid to access online manhwa and 10 million ...
KakaoPage Corp. owned 19.8 percent of Haksan Publishing, 22.2 percent of Seoul Media Comics, and 19.8 percent of Daewon C.I., all of them publishers of comics. [8] It also owned 21.9 percent of the stock in drama production company Mega Monster, which is a subsidiary of its then-sister company Kakao M.
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From April 21, 2014, the webtoon and web novel service began free of charge. Based on popular works such as 「 Legendary Moonlight Sculptor 」(2007), the company has secured a large number of users through active marketing to potential users such as providing items to Kakao Talk users, and is currently one of the pillars of the web publishing ...