Wattpad has been sold to Naver, Korea’s leading internet platform, for $600 million.

Some news for self-published writers: this week, Publishers Weekly reported that Naver, Korea’s leading internet platform, is acquiring Wattpad for over $600 million in cash and stock. For those who aren’t among the 90 million people that used Wattpad in 2020, or who don’t have any fanfiction writers in their life, here’s a brief rundown: […] Continue reading at 'Literrary Hub'

[ Literrary Hub | 2021-01-22 18:51:40 UTC ]
News tagged with: #$600 million #self-published writers #publishers weekly

Other Publishing stories related to: 'Wattpad has been sold to Naver, Korea’s leading internet platform, for $600 million.'


Wattpad has been sold to Naver, Korea’s leading internet platform, for $600 million.

Some news for self-published writers: this week, Publishers Weekly reported that Naver, Korea’s leading internet platform, is acquiring Wattpad for over $600 million in cash and stock. For those who aren’t among the 90 million people that used Wattpad in 2020, or who don’t have any fanfiction... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-22 18:51:40 UTC ]
More news stories like this | News stories tagged with: #$600 million #self-published writers #publishers weekly


Leading NFT blockchain Flow announces $725 million Ecosystem Fund to drive Web3 innovation

The fund will be available to developers globally and will focus on those in the decentralized finance, gaming, and digital content space. Flow, one of the leading blockchains in the Web3 arena, has announced the launch of a new fund designed to spur innovation among those building apps, games,... Continue reading at Fast Company

[ Fast Company | 2022-05-10 09:00:23 UTC ]
More news stories like this | News stories tagged with: #digital assets #digital content


An Easter Surprise in the States: 30 Million More Books Sold Than in 2019

Holiday print sales in children's books helped the US market gain 3 percent in the week ending April 16. The post An Easter Surprise in the States: 30 Million More Books Sold Than in 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-04-25 18:01:38 UTC ]
More news stories like this | News stories tagged with: #books helped #print sales #books sold


Hervé Le Tellier’s ‘The Anomaly’ has already sold a million copies in France. It should take off here, too.

With its elegant mix of science fiction and metaphysical mystery, Le Tellier’s thriller rests somewhere between “Lost” and “Manifest.” Continue reading at The Washington Post

[ The Washington Post | 2021-11-30 17:01:16 UTC ]
More news stories like this | News stories tagged with: #million copies #science fiction


Knight Foundation Invests $5 Million in 'Library-Centered' Digital Platform

The funding will support the Palace Project, a nascent partnership between LYRASIS and the Digital Public Library of America to develop digital tools and services for libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #digital platform #palace project


'I believe in romance': remembering Valerie Parv, the Australian author who sold 34 million books

The author of 70 novels translated into 29 languages, Valerie Parv has passed away just before her 70th birthday. Continue reading at The Conversation

[ The Conversation | 2021-04-30 05:02:04 UTC ]
More news stories like this | News stories tagged with: #70th birthday #australian author


Amazon Announces Its Wattpad-Style ‘Kindle Vella’ Platform

Opening a new route to self-publishing, Amazon's Kindle Vella capitalizes on the popularity of online serialized storytelling. The post Amazon Announces Its Wattpad-Style ‘Kindle Vella’ Platform appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-14 17:25:03 UTC ]
More news stories like this | News stories tagged with: #amazon announces #platform appeared #kindle


Naver acquires Wattpad for over $600m

Korean internet giant Naver is to buy Wattpad for stock and cash, valuing the company at over $600m.  Continue reading at The Bookseller

[ The Bookseller | 2021-01-20 10:34:27 UTC ]
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'Midnight Sun' Tops 1 Million Copies Sold in First Week

Stephenie Meyer’s 'Midnight Sun' sold more than 1 million copies across all formats last week, Little, Brown reported. The success continues a string of big first-week sales performances for books released during the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #midnight sun #stephenie meyer


James Patterson Leads Group Seeking to Raise Millions for Bookstores

Author James Patterson is spearheading a group that includes Reese Witherspoon, Reese’s Book Club, the Book Industry Charitable Foundation, and the American Booksellers Association in an effort to raise millions of dollars to help save independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book club #american booksellers association #book industry


Judith Krantz, Whose Tales of Sex and Shopping Sold Millions, Dies at 91

She published her first novel at 50, and her heroines were invariably rich, savvy, ambitious and preternaturally beautiful. Continue reading at The New York Times

[ The New York Times | 2019-06-24 20:37:23 UTC ]
More news stories like this | News stories tagged with: #first novel


News Corp. attacks internet platforms for hurting news business

general counsel blamed internet platforms for hurting the news business by siphoning off profits and promoting less reliable news for readers in his prepared remarks for a congressional panel... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-11 20:09:08 UTC ]
More news stories like this | News stories tagged with: #news business


Carl Landau’s Niche Media Sold to Audience Platform Provider Second Street

Carl Landau has officially sold Niche Media—the conferences and professional services network he founded over a decade ago to serve B2B, city/regional and special interest magazine publishers—to Second Street Media Solutions, a St. Louis-based provider of audience engagement software to... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #caption id= #tv stations


Palm Coast Data Sold to Irish Magazine Publisher for $1 Million, Plus Rent

Palm Coast Data (PCD), the Florida-based provider of subscription and ecommerce fulfillment services to magazine publishers including F+W Media, MotorTrend Group and New York Media, has been sold by former longtime owner AMREP Corp. in exchange for $1 million in cash. The buyer, Studio... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #10th year #great outcome #sale means


National Enquirer and sibling tabloids reportedly sold for $100 million

American Media Inc. is selling the National Enquirer to Hudson News Deputy Chairman James Cohen, according to The Washington Post, letting the embattled publisher jettison the tabloid after being accused of trying to blackmail the world’s richest man. Cohen will pay $100 million for the... Continue reading at Advertising Age

[ Advertising Age | 2019-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lifestyle brands #bauer media #$100 million #—bloomberg news


Michelle Obama’s book has sold almost 10 million copies, a historic high for memoirs

Michelle Obama's publisher said that her book "Becoming" has sold almost 10 million copies and could be the most successful memoir in history, Bloomberg reported Tuesday. The success of the former first lady's book helped German media company Bertelsmann SE, which owns American mega-publisher... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama #successful memoir


Fortune magazine sold to Thai businessman for $150 million

Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company's efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer is Thai businessman Chatchaval Jiaravanon, an owner of the Charoen Pokphand Group conglomerate,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #thai businessman #$150 million #meredith corp #related businesses #news-focused brands #buying time


Anna Todd, Mega-Wattpad Star, Aims for 30 Territories Sold by June 1

Anna Todd, whose 'After' series has more than 1.5 billion reads, follows Simon & Schuster contracts with an indie series selling fast into world markets. The post Anna Todd, Mega-Wattpad Star, Aims for 30 Territories Sold by June 1 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #anna todd #world markets


Harvill Secker pre-empts North Korea thriller sold in 12 territories

Harvill Secker has pre-empted Star of the North by D B John, an international thriller moving between the US and North Korea. Continue reading at The Bookseller

[ The Bookseller | 2017-06-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harvill secker


Industry Notes: South Korea’s Ridibooks Raises $20 Million; Quarto Distributes Zest Books

Characterized as South Korea's largest ebook service, Ridibooks' parent company raises funds. And Quarto Group Takes on Zest Books distribution. The post Industry Notes: South Korea’s Ridibooks Raises $20 Million; Quarto Distributes Zest Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #south korea