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Manta, Korean Webtoons Firm, Hatches In-House Production Facility, Launching Ten Comic Series (EXCLUSIVE)

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variety.com

Patrick Frater Asia Bureau Chief Manta, one of the leading platforms for subscription-based digital comics, has unveiled plans to launch more than ten original cartoon series through the third quarter of 2023.

The company, which is owned by Korea’s RIDI Corporation, launched in 2020 and has become the number one comics app on Google Play in certain territories including the U.S., Mexico and Spain.Webtoons are a made for mobile genre of comics, that have become yet another Asian entertainment category that is having fast-growing international success.

Many webtoons offer vertical scrolling, opportunities for new creators and content that is immediately available in multiple languages.

Business models vary from platform to platform. Manta is available via a simple monthly subscription – rather than the pay-per-episode model typically used by many other companies in the space.

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