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Interview: CEO Allen Lau on Wattpad’s $600 Million Merger with Korea’s Naver

In Feature Articles by Porter AndersonJanuary 21, 2021

The merger between Canada’s Wattpad and South Korea’s Naver, says Allen Lau, is built on audience and platform expansion.

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Canada’s Wattpad Announces It’s Being Acquired by South Korea’s Naver

In Feature Articles by Porter AndersonJanuary 19, 2021

Toronto-based Wattpad will retain its leadership team following its acquisition by South Korean tech company Naver, in a US$600 million cash and stock deal.

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The Netherlands’ NL Film Is Developing a Muslim Romance With Wattpad

In News by Porter AndersonDecember 4, 2020

The Dutch author of Wattpad’s ’36 Questions (and lots of coffee)’ has seen her story picked up by NL Film and Wattpad Studios.

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Collective Pictures Picks Up Wattpad’s ‘Float’ for Film Development

In News by Porter AndersonSeptember 22, 2020

The Code 8 team at Collective Pictures is partnering with Wattpad to adapt story ‘Float’ by Kate Marchant, with more than 25 million reads, into film.

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Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal

In News by Porter AndersonAugust 27, 2020

PRH Grupo Editorial gets translation rights to English-language titles from Wattpad Book, a world Spanish exclusive.

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Germany’s Constantin Film Acquires a ‘Rocky-esque’ Story From Canada’s Wattpad

In News by Porter AndersonAugust 13, 2020

As Canada’s Wattpad Books buys a ‘lockdown romance’ for 2022, Constantin Film acquires a Wattpad story with more than 80 million reads.

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Wattpad Says It’s Resetting Passwords Following Reported Data Breach

In News by Porter AndersonJuly 20, 2020

Wattpad officials say they can detect no theft of users’ ‘financial information, stories, private messages, or phone numbers’ in a data breach.

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During Cannes: Australia’s Screen Queensland Enters a New Wattpad Partnership

In News by Porter AndersonJune 24, 2020

Not a normal first-look deal, Wattpad announces a partnership with a state-owned film development company in Australia, Screen Queensland.

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Wattpad’s Verticalization: Now Making Its Own International Adaptations

In News by Porter AndersonMay 14, 2020

Taking a more aggressive stance in development of its properties, Wattpad Studios announces projects and writers for new film and television adaptations.

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Industry Notes: Sony Makes Wattpad Projects; Business Remembers Alice Mayhew

In News by Porter AndersonFebruary 5, 2020

The Sony Pictures Television deal for Wattpad has two projects in development. And a stalwart of nonfiction, Simon & Schuster’s Alice Mayhew, is remembered.

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