Canada's Wattpad Announces It's Being Acquired by South Korea's Naver - Publishing Perspectives

 Panzer had hardly entered the Catosphere when the Panzermobile was violently shaken by yelling and screaming coming from outside. Following all the chaos took our brave kitty boy to the Publishing Perspectives site. With no digging at all he found a post about the acquisition of Wattpad was what was causing all the noise.

Surprised me.

According to Porter Anderson's post, Wattpad's board announced the company is being acquired by the South Korean company Naver. Wattpad's acquisition is priced at US$600 million in cash and stock. Wattpad will stay in Canada. In addition to the platform and services, Wattpad Studios division and Wattpad Books will join Naver's Webtoon. The post contains much more information about both and the acquisition.

Panzer says, "This little kitty didn't know they wanted to sell the company. Did you?"

Note: This is an extra l-o-n-g length post. Bring a large mug of cocoa, a muffin and two chocolate chip cookies (biscuits) for today's reading selection.

To read the post tootle over to Wattpad

The Netherlands' NL Film Is Developing a Muslim Romance With Wattpad - Publishing Perspectives

15 days

Today Panzer decided to make a stop at the Publishing Perspectives site. With a little digging in the posts our inquisitive kitty found one about Wattpad Studios.

 

According to the post by Porter Anderson, Wattpad Studios and NL Film have entered into a new production agreement. Aron Levitz of Wattpad Studios in Toronto, Canada, and Kaja Wolffers of NL Film in Amsterdam, the Netherlands, will work with Samya Hafsaoui for the film production of her novel. Samya Hafsaoui's Dutch Wattpad novel '36 Questions (and lots of coffee)' is translated as a serial each week on the English-speaking Wattpad. Included in the post are links to previous posts about Wattpad and NL Film and a link to Samya Hafsaoui's Wattpad site.

 

Panzer says, "Maybe this little kitty should spend some time on Wattpad."

 

Note: This is a long post. Bring a thermos of tea and three muffins for today's reading selection. If you plan to follow the links in the post, bring another thermos of tea and fifteen muffins.

 

To read the post tootle over to Wattpad

Wattpad's Verticalization: Now Making Its Own International Adaptions - Publishing Perspectives

Today, Panzer decided to make a stop at the Publishing Perspectives site and boy is he glad he did. There he found a post about Canada's Wattpad's newest plans for expansion.

It makes sense for them to do it.

Porter Anderson's post concerns Wattpad's announcement today about the company's plans for its international adaptions. The post is divided into three sections. The first section describes the company's new plans to adapt content from the platform to produce media ready projects, instead of outsourcing the adaptions. The second section concentrates on quotes from Wattpad Studio's Aron Levitz's views on the company's expansion into the development of Wattpad content into film projects. The third section is a description of the first two projects Wattpad intends to adapt: What Happened That Night and The Hound. There are several links included in the post to other information about Wattpad.

Panzer says, "Hmm ... It will be interesting to see what these projects look like when they're finished."

This is a h-u-m-o-n-g-o-u-s post. Bring a thermos of tea and six muffins for today's reading selection. If you plan to follow the links, bring a gallon of tea and 10 muffins and 12 chocolate chip cookies.

To read the post tootle over to Wattpad

Wattpad now pimping writers to Hachett Romans - The Digital Reader

Today, Panzer made a short trip into the Catosphere. Our speedy kitty made a quick jump to The Digital Reader site. There with just a little digging around he found a post about Wattpad and Wattpad Studios.

What about marketing and promotion?

According to The Digital Reader site owner Nate Hoffelder's post,Wattpad has signed a new publishing partnership agreement with Hachette Livre. Chosen Wattpad writers can have French language translation and publishing of their stories by Hachette Livre. Wattpad Studios which handles the selection of stories receives a commission for their services.

Panzer says, "Umm ... This little kitty wants to know if there's more involved than just French translation and publishing."

Note: This is a long-short post. Bring a cup of tea and half a muffin for today's reading selection.

To read the post tootle over to Wattpad