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South Korea's Naver Completes Its Acquisition of Canada's Wattpad

Naver’s US$600 million acquisition of Wattpad, announced early this year, is completed just as potential competition arrives from Amazon’s new Kindle Vella and Seoul’s Kakao.
In Seoul, a line of bus passengers and their cell phones during the coronavirus COVID-19 pandemic. Image – Getty iStockphoto: Wonseok Jang
South Korea’s Kakao Is Also a Buyer: Radish and Tapas
In January, as you’ll recall, it was announced that the Toronto-based Wattpad was to be acquired by Naver, a South Korean Internet search engine conglomerate, the home of Webtoon, a digital comics platform.
In its messaging overnight (May 10), the Canadian company has reiterated its earlier citation of the acquisition being a cash and stock transaction valued at more than $US600 million. It also restates that Wattpad’s co-founders Allen Lau and Ivan Yuen will continue their direction of Wattpad, and that the company will remain based in Canada. Lau, who is CEO, is to report to the Jun-koo ....

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'Them: Covenant' Creator Little Marvin Talks Dismantling The 'American Dream'

Them: Covenant which debuts on Amazon Prime today.
Them, which was executive produced by Emmy award-winning writer Lena Waithe, follows the Emory family as they tackle the real and supernatural forces stacked against them while living an all-white neighborhood in the 1950s. The series stars familiar names and newcomers alike such as Ashley Thomas, Shahadi Wright Joseph, Allison Pill, Melody Hurd, and Deborah Ayorinde.
“I sat down to write [
Them] three or four years back, and it was relevant then”Little Marvin told ESSENCE. “It’s a very sobering and humbling thing to realize that four years later, it’s more valid because of the time we’ve all lived through over the past year.If anything, it just validates the original impulse for exploring these things. Frankly, I don’t think we can explore this enough.” ....

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Corin Hardy Set to Helm Sam Raimi Horror Pic Every House is Haunted

Corin Hardy Set to Helm Sam Raimi Horror Pic Every House is Haunted
A few years after helping introduce a new spin-off series for Warner Bros’
Conjuring franchise, director Corin Hardy has lined up his next project with the horror pic
Every House is Haunted, with Netflix having acquired the rights to the Sam Raimi-produced project, according to Deadline.
Scripted by
Project Almanac duo Jason Pagan and Andrew Deutschman, the film centers on an insurance investigator, who is tasked to debunk the unbelievable claims that a couple’s death was cause by a haunted house. However, his doubts will be challenged by a psychic and the mysterious occurrences he witnesses with his own eyes. ....

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Sam Raimi-produced Netflix horror movie lands The Nun director Corin Hardy

Sam Raimi-produced Netflix horror movie lands The Nun director Corin Hardy
Stephanie Williams
© Provided by Total Film
The Nun
Netflix has snagged the Sam Raimi-produced Every House is Haunted, with The Nun s Corin Hardy set to direct a script from Jason Pagan and Andrew Deutschman.
Deadline reports that Every House is Haunted centers on an insurance investigator who tries to debunk claims that a couple’s death was caused by a haunted house, but his doubts are challenged by a psychic and the mysterious occurrences he witnesses with his own eyes.
Hardy is a proven horror filmmaker. She previously directed the 2018 movie The Nun, a spin-off of 2016 s The Conjuring 2 and the fifth installment in the Conjuring Universe franchise. The plot follows a Roman Catholic priest and a nun in her novitiate as they uncover an unholy secret in 1952 Romania. Hardy also directed and co-wrote The Hallow, which debuted at the 2015 Sundance Film Festival ....

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Official First Trailer Drops for Amazon's New Terror Series 'Them' [WATCH]

Official First Trailer Drops for Amazon's New Terror Series 'Them' [WATCH]
eurweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurweb.com Daily Mail and Mail on Sunday newspapers.

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