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


Appeals Court Upholds Decision Against Internet Archive’s Book Scanning Program

The decision leaves only the Supreme Court left for the Internet Archive, suggesting the case may finally be winding down after years of contentious legal wrangling. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-04 04:00:00 UTC ]
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Nihar Malaviya Names Amanda D’Acierno To Lead PRH Audio Worldwide

Amanda D'Acierno is named as the global president of Penguin Random House Audio, after leading PRH audio in the US since 2008. The post Nihar Malaviya Names Amanda D’Acierno To Lead PRH Audio Worldwide appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-21 17:32:12 UTC ]
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Australia’s Booktopia Sold to Local Camera Store Chain

Booktopia, the Australian online bookseller, which went into voluntary receivership in July, has been sold to camera store chain DigiDirect. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-19 04:00:00 UTC ]
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A study on AI motivates PHD to create generative publishing platform to guide Omnicom clients

The study fits into a broader initiative by the media agency to become a hub of learning and experimentation around gen AI that’s accessible to all Omnicom clients (not just PHD or OMG) as well as the general public.  Continue reading at Digiday

[ Digiday | 2024-08-15 04:01:00 UTC ]
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Istanbul’s Elif Nur Şafak on Wattpad: ‘Freedom of Speech’

A children's book literary agent at Kalem Agency in Istanbul, Elif Nur Şafak, talks about Wattpad's disruptions in Türkiye. The post Istanbul’s Elif Nur Şafak on Wattpad: ‘Freedom of Speech’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-12 20:23:52 UTC ]
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Black Book Community Hopes New Release Will Lead to Marcus Garvey's Exoneration

This fall, Broadleaf Books will publish 'Justice for Marcus Garvey: Look for Me in the Whirlwind,' a compilation of essays edited by Garvey's son that includes contributions by Black authors, booksellers, and publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-05 04:00:00 UTC ]
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AI startup argues scraping every song on the internet is 'fair use'

When most tech companies are challenged with a lawsuit, the expected defense is to deny wrongdoing. To give a reasonable explanation of why the business' actions were not breaking any laws. Music AI startups Udio and Suno have gone for a different approach: admit to doing exactly what you were... Continue reading at Engadget

[ Engadget | 2024-08-01 23:31:32 UTC ]
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BRIDGERTON Season 4 Lead Announced and More Book News!

There's been a lot of political news this week, but there's also a ton of book news to catch up on! Continue reading at Book Riot

[ Book Riot | 2024-07-25 14:00:00 UTC ]
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Colin Kaepernick Launches AI-Based Self-Publishing Platform

The former NFL quarterback turned civil rights activist, who founded his own publishing company in 2020, has launched Lumi, an AI-based platform providing authors and other creatives with another alternative to traditional publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-25 04:00:00 UTC ]
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NBF’s Book Rich Environments Program Hits Two Million Book Donations

The National Book Foundation program, launched in 2017, has distributed more than two million free books to young people and families in public housing communities across the United States. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-24 04:00:00 UTC ]
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If You’re Going to Platform Extremists You Should At Least Check Their Facts

On June 21st, Threshold, a conservative imprint of Simon & Schuster, announced a new book deal with New York Times bestselling author and entrepreneur and noted conspiracy theorist Vivek Ramaswamy. Although it’s rumored that Donald Trump passed him over for the role of running mate, Vivek... Continue reading at Literrary Hub

[ Literrary Hub | 2024-07-09 13:34:08 UTC ]
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Customer Traffic Improving at Books-A-Million, Half Price Books

Data from Placer.ai shows that, while both bookstore chains have had some successes in increasing customer traffic, their gains in 2024 trail that of Barnes & Noble. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-08 04:00:00 UTC ]
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Stephanie Jackson to Lead DK Life, DK Red

Stephanie Jackson has been tapped to lead the Life segment, including the recently announced imprint DK Red, at DK Living, the publisher’s adult division, effective November 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-03 04:00:00 UTC ]
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Appeals Court Hears Internet Archive Copyright Case

While the court clearly appeared skeptical of the Internet Archive's arguments, the panel was deeply engaged and well-prepared, peppering both sides with a wide array of questions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-28 04:00:00 UTC ]
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Webtoon Raises Over $300 Million in Public Offering

The webcomics pioneer went public June 27 at a $21.00 per share price, the high end of its projected range and generate total proceeds of about $315 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-27 04:00:00 UTC ]
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Circana: US Print Book Sales Up 3 Million Units in May 2024

In May 2024, Circana BookScan reports, the US print book market was 5 percent higher than it was in May 2023. The post Circana: US Print Book Sales Up 3 Million Units in May 2024 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-06-18 20:54:13 UTC ]
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Barnes & Noble Buys Denver’s Tattered Cover Bookstores for $1.83 Million

Following months of uncertainty, B&N will buy the bankrupt but beloved Denver bookstore chain. The four remaining Tattered Cover locations will continue to operate under that name. B&N anticipates that it will retain a majority of the company's 70 employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-18 04:00:00 UTC ]
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The UK’s Dan Conway: Election Platforms and Publishing

The UK's Publishers Association sees positive signals for publishing in political parties' platforms on AI and more for upcoming elections. The post The UK’s Dan Conway: Election Platforms and Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-06-11 21:47:11 UTC ]
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Tech news site Gizmodo sold for third time in 8 years as European publisher Keleops looks to expand

Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years Continue reading at ABC News

[ ABC News | 2024-06-04 20:54:20 UTC ]
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Why it’s so hard to lend a book to a friend, according to the internet.

I spent a few days in DC over the long weekend for a wedding. Walking around leafy and well-appointed Capital Hill, I overheard a conversation between two older folks, as their dogs warily sniffed each other, about how people were taking and selling books from the little free libraries around... Continue reading at Literrary Hub

[ Literrary Hub | 2024-05-30 18:46:20 UTC ]
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