Tapas Entertainment News Today

Piracy is a big issue for digital publishers like Kakao Entertainment's subsidiary Tapas Entertainment, which focuses on publishing webcomics and web novels.

South Korean internet giant Naver is pushing to have its online comics operator Webtoon Entertainment go public on the US Nasdaq as early as June, according to a recent Bloomberg report. Webtoon Entertainment is the head office for the online comics business Naver Webtoon, and has been based in Los Angeles since May 2020. The firm, with a 71.2 percent stake owned by Naver, manages the overall online comics operations...

Tapas Entertainment, a North America-based web novel and webtoon platform, announced 15 winners of its romance web novel contest, its parent company Kakao Entertainment said Friday. The “True Love on Tapas” competition ran for approximately two months starting from October last year, with 15 entries selected out of a total of 264 submissions. It took place as part of Kakao Entertainment's strategy to...

Korea's ambitious webtoon industry and the tech giants behind it are bringing a huge store of cash and IP to international markets.

Despite managing a superstar like IU, Kakao Entertainment suffered an operating loss last year for the first time in seven years, casting a shadow over its ambitious IPO plan. The unusual poor profitability of a major entertainment and content powerhouse hurts especially more, as its competitors, including HYBE and JYP Entertainment, are enjoying stock price rallies lately with their all-time-high earnings.

The company has already partnered with Comixology to bring digital-first comics to print. As of today, Dark Horse has announced a deal with Tapas Entertainment

BTS's label HYBE is selling its SM Entertainment stake to Kakao, ending the K-pop giant's bid for control of its South Korean rival.

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Kakao Entertainment plans to close the Korean unit of Tapas Entertainment, a North American webtoon and webnovel platform, next month, industry sources said Tuesday.

The news of the Korean branch shutdown comes nearly two months after Kakao Entertainment's massive fundraising of about $966 million.