WEBTOON Entertainment Inc. to Release Third Quarter 2024 Financial Results
LOS ANGELES, Oct. 24, 2024 (GLOBE NEWSWIRE) – WEBTOON Entertainment Inc. (Nasdaq: WBTN), a leading global entertainment company renowned for its innovative storytelling platforms, has announced its plans to report its financial results for the third quarter of 2024. The report is scheduled to be released after market close on November 7, 2024. This announcement is highly anticipated by investors and fans alike, as it will provide insights into the company’s performance and future direction.
Conference Call Details
Following the release of the financial results, WEBTOON’s management team will host a conference call at 5:00 p.m. ET. This call will serve as an opportunity for the management to review the results in detail and address any questions from analysts and investors. For those interested in participating, a live webcast of the conference call will be available online at WEBTOON’s Investor Relations page.
For those unable to attend the live session, an archived version of the call will be accessible at the same location for up to one year, ensuring that all stakeholders have the opportunity to stay informed about the company’s financial health and strategic initiatives.
About WEBTOON Entertainment Inc.
WEBTOON Entertainment is not just a leader in the webcomic space; it is a pioneer that has transformed the landscape of comics and visual storytelling. With a robust platform that boasts approximately 170 million monthly active users, WEBTOON has become synonymous with innovative content delivery and creator empowerment. The company’s CANVAS UGC (User-Generated Content) platform allows aspiring creators to share their stories, fostering a vibrant community of artists and writers.
The company’s commitment to storytelling is reflected in its growing roster of WEBTOON Originals, which have captivated audiences worldwide. These adaptations have found homes on major streaming platforms such as Netflix, Prime Video, and Crunchyroll, further solidifying WEBTOON’s position as a key player in the entertainment industry. Collaborations with notable partners, including Discord, HYBE, and DC Comics, highlight the company’s expansive reach and influence.
The IP & Creator Ecosystem
WEBTOON’s success is underpinned by its extensive IP (Intellectual Property) and Creator Ecosystem. This ecosystem includes not only WEBTOON but also Wattpad, the world’s leading webnovel platform, and several studios such as Wattpad WEBTOON Studios, Studio N, and Studio LICO. This interconnected network of companies enhances the storytelling experience, allowing for cross-platform adaptations and a diverse range of content that appeals to various demographics.
The passionate fandoms that have emerged from WEBTOON’s platform are a testament to the company’s impact on pop culture. These communities are not just consumers of content; they are active participants in the storytelling process, engaging with creators and influencing the narratives that unfold.
Looking Ahead
As WEBTOON Entertainment prepares to unveil its third quarter financial results, stakeholders are keen to understand how the company has navigated the evolving landscape of digital entertainment. The upcoming conference call will likely address key performance indicators, growth strategies, and future projects that could shape the company’s trajectory.
Investors and fans alike are encouraged to tune in to the conference call and explore the archived content afterward to gain a comprehensive understanding of WEBTOON’s performance and strategic direction.
Contact Information
For further inquiries, WEBTOON’s Investor Relations team, led by Soohwan Kim, CFA, can be reached at investor@webtoon.com. Additionally, Edelman Smithfield represents WEBTOON for public relations, with Hunter Stenback and Ashley Firlan available for media inquiries at webtoonIR@edelmansmithfield.com.
As WEBTOON continues to innovate and expand its influence in the entertainment industry, the upcoming financial results will be a crucial indicator of its ongoing success and commitment to storytelling excellence.