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Webtoon Entertainment Stock Surges Over 40% on Expanded Disney Partnership
Webtoon Entertainment Stock Surges Over 40% on Expanded Disney Partnership
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BTCCSquare news:
Shares of Webtoon Entertainment (WBTN) skyrocketed 42.5% intraday after announcing a major expansion of its Disney collaboration. The deal adds 35,000+ digital comics—including previously unavailable titles and original content—to its platform, building on August's initial 100-title Star Wars and Marvel agreement.
The partnership injects premium IP into Webtoon's youth-focused ecosystem while giving Disney access to a Gen Z-dominated audience. Investors have rewarded the back-to-back deals with a 117% stock surge in five weeks, signaling confidence in the platform's scaled content moat.
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