Webtoon Entertainment Inc. WBTN shares surged more than 58% in after-hours trading on Monday after announcing a partnership with The Walt Disney Co. DIS to build a digital comics platform that will bring together decades of Marvel, Star Wars, Pixar and Disney titles.
A First-Of-Its-Kind Comics Hub
For the first time, more than 35,000 comics from across Disney’s portfolio — including Marvel, Star Wars, Pixar and 20th Century Studios — will be available in one subscription-based platform.
The new service, which will expand upon Marvel Unlimited, will be built and operated by Webtoon Entertainment.
Disney+ subscribers will also receive access to a curated selection of titles through the Disney+ Perks program at no extra cost.