![]() ![]() ![]() In 2013, Webtoon launched 'Page Profit Share' (PPS), which offered the artist a share of the advertising revenue for the first time. Because of this unusual layout, Kim initially had difficulty finding artists to create webtoons on his service, but he found that manhwa was willing to do something different because of the poor state of the local manhwa industry. Kim theorized that tall, scrollable comics would work well on the World Wide Web, as users were already used to scrolling through web pages. Kim, who grew up reading manga and superhero manhwa, was looking for a way to get new comics created because he found that there were very few new comics coming out. Line Webtoon was founded by JunKoo Kim in 2004, under the name "Webtoon", after he watched the manhwa industry crash in the late 1990s and early 2000s. In August 2022 it was reported that Wattpad Webtoon studios announced that would expand with a new animation division. In November 2020, Webtoon established a new subsidiary called Webtoon Studios for the purpose of licensing English-language properties. Line Webtoon comics can be discovered through the "daily system" function, along with being read and downloaded for free on computers and both iOS and Android devices. The platform partners with creators to publish original content under the Webtoon Originals banner and hosts a number of other series on its self-publishing site CANVAS. In 2019, Line Webtoon was changed to Webtoon in English Spanish and French versions were launched. On December 18, 2018, Naver closed XOY and migrated all of its translated and original webtoons to Line Manga, its manga service that offers licensed manga. In 2016, Naver's webtoon service entered the Japanese market as XOY and the Chinese market as Dongman Manhua. The service gained a large amount of traction during the late 2000s and early 2010s. ![]() The platform first launched in South Korea as Naver Webtoon and then globally as Line Webtoon in July 2014, as the Naver brand is not well known outside of South Korea and some of its services are also not available outside of the country. The platform is free, and is found both on the web at and on mobile devices available for both iOS and Android. Webtoon (stylized in all caps) is a South Korean webtoon platform launched in 2004 by Naver Corporation, providing hosting for webtoons and compact digital comics. ![]()
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