Webtoon (WBTN) stock surged 58% following news of a deal with Disney and an increase in its equity stake, signaling strong investor confidence in the company's strategic partnership and growth prospects.
Disney is partnering with Webtoon to develop a new digital comics platform that will feature over 35,000 comics from Disney's extensive portfolio, including Marvel, Star Wars, and more, with Disney acquiring a 2% stake in Webtoon. The platform aims to expand upon Marvel Unlimited, offering a mix of current, past, and original stories, and will be accessible to Disney+ subscribers, signaling a significant move in the digital comics industry amidst industry shifts.
Disney and WEBTOON are collaborating to create a new digital comics platform that will feature over 35,000 comics from Marvel, Star Wars, Disney, Pixar, and 20th Century Studios, accessible through a subscription service, with Disney+ subscribers gaining special access, and plans for localization and future collaborations.
The Korean webtoon Eleceed will be adapted into a TV anime by Dandelion Animation Studio, set to release in 2026, featuring high-speed action and a story about a boy with mysterious powers and a powerful Awakened being in a web of conspiracies.
Disney's Korean drama series "Moving" has become the most-watched Korean drama on Disney+ and Hulu, as well as the most-watched series in Asia. The show, based on a popular webtoon, follows a group of South Korean spies protecting their super-powered children from harm. The director, Park In-je, discussed the creative origins of the show and how they differentiated it from the Marvel Universe. While a second season has not been confirmed, there is more story material available from the webtoon for future adaptation.