Wattpad is further expanding into Asia with a new partnership and undisclosed strategic investment from Times Bridge, the global investment arm of the Times Group in India. The deal aims to help the storytelling community establish a larger presence in the country where it already counts over 2.6 million monthly users who have shared more […]
View More Wattpad gains strategic investment from Times Bridge to further expand in IndiaCategory: wattpad
Wattpad’s latest deal will turn its stories into TV shows and movies in Korea
Wattpad’s ambitions to grow beyond a storytelling community for young adults took another leap forward today with the announcement of a new partnership that will help expand its reach in Asia. The company has teamed up with Huayi Brothers in Korea, who will now be Wattpad’s exclusive entertainment partner in the region. The two companies […]
View More Wattpad’s latest deal will turn its stories into TV shows and movies in KoreaOnline storytelling community Wattpad launches its own publishing arm, Wattpad Books
Wattpad, an online community for original fiction whose stories have been turned into streaming hits like Netflix’s “The Kissing Booth,” is now turning its eyes to publishing. The company today announced the launch of a new division, Wattpad Books, that aims to turn its most popular content into future best sellers. The books division will […]
View More Online storytelling community Wattpad launches its own publishing arm, Wattpad BooksWattpad launches a new program offering paid access to exclusive stories
Steve Jobs famously once said that people don’t read anymore, but it turns out younger people are, in fact, reading quite a lot – just in different ways than expected. Case in point: 70 million readers log in to online community Wattpad each month, where they spend over 22 billion minutes engaged in its original […]
View More Wattpad launches a new program offering paid access to exclusive storiesStartups are giving writers and filmmakers more ways to make it in Hollywood
On May 11 Netflix released the teen dramedy “The Kissing Booth” just as the school year was wrapping up for teens across the country. By June, the company had a smash hit among the tweenage set, and Wattpad, the company which owned the rights to the The Kissing Booth, had its first true breakout vehicle. The […]
View More Startups are giving writers and filmmakers more ways to make it in HollywoodNetflix’s latest hit ‘The Kissing Booth’ is a Wattpad success story
One of the most popular movies in the U.S. is a terrible teen rom-com called “The Kissing Booth,” and it’s not in theaters. Instead, this Netflix Original with its paltry 17 percent critics’ score on Rotten Tomatoes, shot up to become the No. 4 movie on IMDb, before more recently dropping down to No. 9. […]
View More Netflix’s latest hit ‘The Kissing Booth’ is a Wattpad success storyGolden Ventures has a new pot of new capital — $57 million — to invest largely in Canada
Golden Ventures, a seed-stage outfit with offices in Toronto and Waterloo, has closed it third and newest fund with $57.5 million ($72 million in Canadian dollars), up from the roughly $38 million ($50 million Canadian) that it raised for its second fund in 2014. The firm — which invests roughly 60 percent of its capital […]
View More Golden Ventures has a new pot of new capital — $57 million — to invest largely in Canada