NAVER’s WEBTOON Entertainment Inc. has recently joined the Alliance for Creativity and Entertainment (ACE), a global coalition dedicated to combating digital content piracy.
As a significant player in the entertainment industry, it is now the latest member of ACE.
This marks a significant step as NAVER WEBTOON is the first webcomic and webnovel platform to join the ranks of the world’s leading anti-piracy coalition.
WEBTOON Entertainment, headquartered in Los Angeles and listed on the Nasdaq, has witnessed an explosion in the popularity of webcomics and webnovels worldwide.
This surge has not only cultivated a new generation of talented creators but has also positioned the company’s intellectual property as a valuable resource for the broader entertainment industry.
Their content has spawned numerous successful adaptations on major streaming platforms like Netflix, Disney+, Prime Video, and Crunchyroll, through their studios Wattpad WEBTOON Studios and Studio N.
Bringing NAVER WEBTOON into ACE’s ranks builds upon our expansion in Asia Pacific, our growth worldwide, and our mission to protect intellectual property in every form,
Charles Rivkin, Chairman and CEO of the Motion Picture Association(MPA) and Chairman of ACE, emphasized the strategic importance of this new alliance.
Charles Rivkin further highlighted ACE’s commitment to building ties with local law enforcement in key markets to combat content theft.
As the first webcomic company to join ACE, we’re proud to continue to protect creators and raise global awareness of the seriousness of illegal distribution,
Junkoo Kim, Founder & CEO of WEBTOON Entertainment, echoed this sentiment.
Junkoo Kim expressed enthusiasm for collaborating with ACE and other industry partners to develop joint strategies against illegal content distribution.
The Alliance for Creativity and Entertainment (ACE) is a global coalition dedicated to protecting the legal creative market and reducing digital piracy.
Entertainment providers face a tough landscape when it comes to piracy, and web comics are no exception.
Comprised of over 50 leading media and entertainment companies, including major players like Amazon, Apple TV+, Netflix, and Disney, ACE employs a comprehensive approach involving criminal referrals, civil litigation, and cease-and-desist operations.
Their efforts aim to dismantle the piracy ecosystem that harms creators, endangers consumers, and undermines the creative economy.
WEBTOON Entertainment stands as a pioneering force in the world of digital storytelling. With approximately 160 million monthly active users, their ecosystem includes WEBTOON, Wattpad (a leading webnovel platform), Wattpad WEBTOON Studios, and various other related ventures. Their innovative CANVAS platform empowers anyone to become a creator, fostering a vibrant community and driving the evolution of pop culture.
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