LOS ANGELES--(BUSINESS WIRE)-- #BL--Contents First, the company behind the global webtoon platform Tappytoon, today announced an innovative collaboration with K-pop boy group NEWBEAT for an exclusive music video featuring Tappytoon's original BL webtoon Bullet Time, debuting September 26 across Tappytoon's social media platforms and digital channels. The collaboration melds NEWBEAT's title track "Flip the Coin" with an animated narrative that brings Bullet Time's cyberpunk world to life, capturing th. ...

LOS ANGELES--(BUSINESS WIRE)--WEBTOON Entertainment Inc. (Nasdaq: WBTN), a leading global entertainment company and home to some of the world's largest storytelling platforms, is set for its largest-ever presence at Advertising Week New York 2025. Showcasing its unmatched expertise in fandom and storytelling, WEBTOON Entertainment will highlight how brands can turn customers into devoted fans in a headlining panel, "The Power of Fandom: Unlocking Loyalty in an Era of Distraction,†on October 6,. ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 150 points during the session, also hitting a fresh record high. The Federal Reserve, last week, cut rates by 25 basis points and signaled more easing ahead.The S&P 500 gained 1.2%, while the Dow added 1% last week. The Nasdaq surged 2.2% during the period.Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market move ...

Core Insights - Webtune is a digital entertainment company focused on creating vertically integrated comic books for mobile consumption, recently expanding its partnership with Disney, which significantly boosted its stock by nearly 40% [2] - The partnership includes Disney taking a 2% equity stake in Webtune and the development of a platform to house Disney's comic book intellectual property (IP), including 35,000 comics from franchises like Pixar and Star Wars [2][5] - Webtune serves a large audience, with 155 million monthly active users and 24 million creators, catering especially to Gen Z consumers who prefer digital content [4][5] Financial Performance - Webtune reported revenue of $1.4 billion last year, with the new digital comic segment currently contributing less than 10% of that total [11] - The company anticipates that the integration of Disney's content will enhance its financial performance in the future, although it is still in the early stages of monetization [11] Market Opportunity - The crossover IP potential is significant, as Webtune has successfully transformed web novels into popular web comics and adaptations for streaming platforms like Netflix and Amazon Prime [10] - The company views web comics as a digital storyboard that can extend beyond their platform, creating opportunities for merchandise and video games [8]

Core Insights - WEBTOON Entertainment Inc. (NASDAQ:WBTN) has seen a significant increase in its stock price, reaching an all-time high following The Walt Disney Co.'s acquisition of a 2-percent stake in the company [1][3]. Group 1: Stock Performance - Shares of WEBTOON Entertainment surged to a 52-week high of $21.32 during intra-day trading, ultimately closing up by 39.04 percent at $20.80 [2]. - This marks the third consecutive day of gains for WEBTOON Entertainment's stock [1]. Group 2: Strategic Partnership - WEBTOON Entertainment has entered into a non-binding term sheet with Disney for a 2-percent interest, aimed at developing a new digital comics platform [3]. - The platform will feature over 35,000 comics from Disney's extensive portfolio, including Marvel, Star Wars, and Pixar, available through a single subscription [4]. - This agreement builds on a multi-year collaboration between WEBTOON and Disney, which has already produced nearly 100 reformatted classics and original series tailored for WEBTOON's vertical scroll format [4].

Market Overview - Investors have maintained a bullish outlook recently, but markets experienced a slight decline as the Federal Reserve's two-day meeting commenced, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all slightly lower than their all-time highs [1] - The S&P 500 closed 0.13% lower after reaching a new 52-week high at the open, while the Nasdaq also saw a 0.07% drop from its new 52-week high [1] Stock Performance - The Dow Jones Industrial Average (DJIA) fell by 0.27%, with Nvidia experiencing a 1.64% drop in stock price [2] - Webtoon, a digital comic platform, surged by 36.8% following news of a Disney deal, while Steel Dynamics rose by 7.2%, making it a top performer in the S&P 500 [2] - Warner Bros Discovery was the worst performer, declining by 6.5% after a downgrade from TD Cowen, which changed its rating from Buy to Hold due to unattractive risk/reward dynamics [2][7] Notable Stocks - Warner Bros Discovery's stock has increased by 72.7% year-to-date, despite recent performance issues [3] - Other notable stock movements include APA Corp (+6.9%), Steel Dynamics Inc (+6.2%), and Occidental Petroleum Corp (+5%) [6] - Conversely, Warner Bros Discovery (-6.2%), Paramount Skydance Corp (-5.7%), and Emerson Electric Co (-4.9%) were among the worst performers [6] Acquisition Concerns - Warner Bros Discovery faces uncertainty regarding a potential takeover, with analysts suggesting the stock could "quickly round-trip" if the acquisition does not materialize [7] - Senator Elizabeth Warren expressed concerns over the concentration of media power related to a potential merger involving Warner Bros Discovery and Paramount [8] - Warner Bros, Disney, and Universal have filed a copyright infringement lawsuit against a Chinese AI firm, Minimax, amidst these acquisition concerns [8]

Group 1 - Webtoon Entertainment's shares surged by 42.5% in a single day following an expanded partnership with Walt Disney, significantly enhancing the business value of the Webtoon digital comics platform [1][6] - The new agreement builds on a previous deal made on August 12, which included 100 selected comics from popular franchises like Star Wars and Spider-Man, leading to a notable increase in investor interest [3][4] - The expanded partnership will feature over 35,000 titles from Disney's comic-book worlds, many of which are newly available in digital format, along with original titles being developed specifically for the platform [4][5] Group 2 - The combined announcements from Disney have resulted in a total stock price increase of 117% for Webtoon in less than five weeks [6] - Webtoon, as a subsidiary of Naver, is less likely to issue new shares to capitalize on the stock surge, which would protect existing shareholders from dilution of their stakes [7][8] - The development of the mobile app and back-end infrastructure for the new project is still ongoing, with no confirmed release date, although the partnership benefits from Naver's data centers and Disney's marketing capabilities [9][10]

Company Overview - Webtoon Entertainment (WBTN) shares increased by 5.1% to close at $14.96, following a notable trading volume that exceeded typical levels, contrasting with a 4.9% loss over the past four weeks [1] - The company is experiencing strong growth in its English-language WebComic app, with monthly active users (MAU) increasing by 19% for three consecutive quarters [2] Financial Performance - Webtoon is expected to report quarterly earnings of $0.04 per share, reflecting a year-over-year decline of 81.8%. Revenue is anticipated to be $385.17 million, which is a 10.7% increase from the same quarter last year [3] - The consensus EPS estimate for Webtoon has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Webtoon operates within the Zacks Internet - Software industry, where another company, Affirm Holdings (AFRM), saw a 7.6% increase in its stock price, closing at $89.43, with a 5.5% return over the past month [4] - Affirm Holdings has experienced a significant change in its consensus EPS estimate, increasing by 27.2% over the past month to $0.1, which represents a year-over-year change of 132.3% [5]

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