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If You Invested in These Penny Stocks That Went Gangbusters in 1993, You’d Be Rich Today
Yahoo Finance· 2025-10-28 15:05
The year 1993 was a cultural turning point. “Jurassic Park” ruled theaters, families logged onto AOL for the first time, and the internet was just beginning to leave universities and enter homes. Wall Street wasn’t paying much attention to penny stocks, but a few unlikely underdogs were quietly laying the groundwork for explosive growth. Trending Now: Most Experts Say Buy Index Funds. Charles Payne Says Do This Instead Check Out: How Far $750K Plus Social Security Goes in Retirement in Every US Region If ...
Webtoon Entertainment's David Lee: Our platform allows new generation to experience comics
CNBC Television· 2025-09-19 19:23
Company Overview & Strategy - Webtune is a digital entertainment company specializing in vertically integrated comic books for mobile consumption [1] - Webtune partners with Disney to build a platform housing Disney's comic book IP [2] - Webtune aims to create a digital destination with access to 35,000 comics from Pixar, Star Wars, and Disney [5] - Webtune's content resonates with Gen Z and transforms into small screen adaptations, merchandise, and video games [7][8] - Webtune sees web comics as digital storyboards that can extend beyond the platform [8] Market Opportunity & Growth - Webtune has 24 million creators globally serving 155 million monthly active users [4] - Webtune stories are adapted into movies on Netflix, Amazon Prime, and other streaming services [7] - Webtune highlights the cross-over IP opportunity, citing examples like "Sideline" and "Marry My Husband" [9][10] Financial Performance - Webtune's cross-over IP opportunity currently accounts for less than 10% of the company's $1.4 billion in revenue from the previous year [11] Partnership Impact - Disney is taking a 2% equity stake in Webtune [2] - The Disney partnership led to Webtune's stock popping almost 40% [2]