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BTCC / BTCC Square / Global Cryptocurrency /
Webtoon Entertainment Stock Surges on Strong Earnings and Disney Partnership

Webtoon Entertainment Stock Surges on Strong Earnings and Disney Partnership

Author:
Global Cryptocurrency
Published:
2025-08-13 19:09:01
15
1
BTCCSquare news:

Shares of Webtoon Entertainment (WBTN) nearly doubled, reaching a 52-week high following a robust earnings report and a surprise collaboration with Disney. The stock soared 93% by mid-morning, defying Wall Street expectations with adjusted earnings of $0.07 per share and $348 million in revenue.

The Disney deal introduces Marvel, Star Wars, and other iconic franchises to Webtoon's platform, starting with free webcomics before rolling out premium content. While financial terms remain undisclosed, CEO David Lee framed the partnership as mutually beneficial—bolstering Webtoon's content library while expanding Disney's digital footprint.

|Square

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