While webtoons gain momentum overseas, in Korea demand wanes
Having benefited heavily from the webtoon boom that surged during the height of the pandemic, South Korea has marked webtoons as a key driver for future growth. In January, the Culture Ministry announced plans to invest approximately 4 billion won ($3 million) to boost webtoon production and commercialization. Major IT players such as Naver and Kakao also embraced webtoons as a key part of their strategic vision, with Naver listing its webtoon subsidiary on Nasdaq in June. Recent data such as co
Sept. 16, 2024