Tapas gets acquired 100% by Kakao Entertainment

[Nen]

lol bigger companies usually have more failure prone leaders just because one failure can easily be hidden within the vast depths of the giant company's maw

[vothnthorvaldson]

Yes Tapas is a small slice for them. So risk-taking is a possibility. Probably even more likely, because potentially more profitable, than playing it safe. We just have to hope it will fall somewhat in the middle.

[VibrantFox]

If risk taking is a possibility maybe there is hope for genres outside of romance to finally get visibility

[vothnthorvaldson]

Or romance-only platform

[aqua03]

Would that include planetary romances? Because I got a lot of those types of stories planned...

[Zugaikotsu]

If you check Kakao original page, you'll see the most probable kind of content we'll have. My bet is we'll get muuuuuchh more of what is already around. It's what sells, guys, and kakao wants to get at least 3x more what they invested to buy Tapas.

[victoria1]

Please read this post to understand the situation better!

Hello Tapastry Community! Some of you may have already spotted the huge announcement which was published this morning. It is now officially confirmed: Kakao Entertainment is acquiring a 100% stake in Tapas Media, Inc. You can read the full announcement here! Allow me to add a quote by our CEO Chang: “We’re so thrilled to join forces with Kakao. To me, it just makes perfect sense. Kakao is relatively unknown outside of Asia, but they’re an entertainment content juggernaut with a massive lib…

[rajillustration]

Will be interesting to see how it shakes up. Most likely we'll get more of a push towards a Webtoon standard with the long scroll. The thing that I'd be most interested in seeing is if the expectation we see for Premium changes--like will it stay the same amount of work and pay? Will it be more? Will it be less? What's expected for Premium content is also the implied expectation that is set for everyone else. If the pay can get better, it could potentially open doors for people since ad revenue never cuts that mustard. If it just continues to push out content that was already published in other countries than make more original stuff...ehh...

As for IP rights I assume people debate those contracts on a case by case basis anyway--like you do not have to take the first contract you are given (and we've already had threads on that. Contracts can be debated for like months and months and months with publishing)

[vothnthorvaldson]

I expect a slow change, that's why I think we should focus on reflecting on each of our personal needs and potential dealbreakers, and keep checking and updating them in the future.
Telling us that there will be no changes now means nothing.

[bakasama25]

Well, if you're wondering what this might mean for some creators:

王女エミリア｜無料漫画（まんが）ならピッコマ｜Ratique

You might not read Japanese but you can recognize the author's name.

[Darth_Biomech]

You might not read Japanese but you can recognize the author's name.

No, I can not. Summary, please?

[crisyah]

It means that Ratique had her comic translated and published in Piccoma, which is owned by Kakao's Japanese subsidiary.

...Which I hope OP means as "oh hey, look, it means good things! authors getting published overseas, yay!".

Congrats to Ratique, btw!

[bakasama25]

It's the Japanese language version of a Tapas webtoon by Ratique.

[Flug]

The new owner of Tapas is a korean company, so? I worked for koreans before in a car sale. They earned money, I earned money and I used soap and water.

[CodeMonkeyArts]

Well...this is interesting. I am hoping that this has little impact to us creators, but considering that it is 100% acquired AND language was noncommittal to even dismissive from the CEO before...I admit to being a little wary.

I just left wattpad for the second time too...may need to have another place mirrored

[CodeMonkeyArts]

Looks like Radish was also acquired too

Korea’s Kakao Buys Radish, Tapas Storytelling Apps for $950 Million

[FafasMcMelt]

Aw shit, am I gonna get banned here too?

I'm supposed to upload my comics to pornhub or something now?

[joannekwan]

You can ask all your questions in the pinned thread where Ratique can see and address them all in one place!

Hello Tapastry Community! Some of you may have already spotted the huge announcement which was published this morning. It is now officially confirmed: Kakao Entertainment is acquiring a 100% stake in Tapas Media, Inc. You can read the full announcement here! Allow me to add a quote by our CEO Chang: “We’re so thrilled to join forces with Kakao. To me, it just makes perfect sense. Kakao is relatively unknown outside of Asia, but they’re an entertainment content juggernaut with a massive lib…

[arxianfall]

Hentai Foundry and you can go full smut!

[FafasMcMelt]

I guess I'll have to reactivate my account over there then