{"id":6441,"date":"2022-07-21T11:25:01","date_gmt":"2022-07-21T15:25:01","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/"},"modified":"2022-07-21T13:32:34","modified_gmt":"2022-07-21T17:32:34","slug":"terapin-studios-acquires-korean-webtoon-platform","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/","title":{"rendered":"Terapin Studios Acquires Korean Webtoon Platform"},"content":{"rendered":"

Terapin Studios, owned by investment firm NPX Capital, has acquired the Korean webtoon platform Toomics for $160 million.<\/p>\n

Toomics, in operation since 2015, has more than 60 million subscribers and is available in nine languages. Its slate of original IP includes Black Knight<\/em>, which is being adapted as a sci-fi miniseries for Netflix starring\u00a0Kim Woo Bin.<\/p>\n

\u201cToomics is a leading player that represents Korea\u2019s growth in digital entertainment,\u201d said\u00a0Samuel Hwang, founder and CEO of NPX Capital. \u201cThe company is not only a platform that connects with tens of millions of viewers, but also a powerhouse of digital content that leverages its own intellectual property and production capabilities. I\u2019m certain that Terapin Studios\u2019 acquisition of Toomics will expedite our journey to establish and further strengthen the comprehensive content platform Terapin is creating.\u201d<\/p>\n

At the end of last year,\u00a0NPX Capital acquired the\u00a0Korean webtoon and digital content production studio Copin Communications, using it as the foundation to launch Terapin Studios.\u00a0\u201cThis acquisition is especially meaningful as more Korean IP, which have a proven track record of international success, can now enjoy the infrastructure, funding and support at a global level under the platform of Terapin Studios,\u201d said Terapin Studios COO JH Kah.<\/p>\n","protected":false},"excerpt":{"rendered":"

Terapin Studios, owned by investment firm NPX Capital, has acquired the Korean webtoon platform Toomics for $160 million.<\/p>\n","protected":false},"author":290,"featured_media":6442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[1631,1632,1633],"class_list":["post-6441","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-npx-capital","tag-terapin-studios","tag-toomics"],"yoast_head":"\nTerapin Studios Acquires Korean Webtoon Platform - TVASIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terapin Studios Acquires Korean Webtoon Platform - TVASIA\" \/>\n<meta property=\"og:description\" content=\"Terapin Studios, owned by investment firm NPX Capital, has acquired the Korean webtoon platform Toomics for $160 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/\" \/>\n<meta property=\"og:site_name\" content=\"TVASIA\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-21T15:25:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-21T17:32:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tvasia\/wp-content\/uploads\/sites\/16\/2017\/07\/Black-Knight-Toomics-722.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"319\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mansha Daswani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansha Daswani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/\",\"url\":\"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/\",\"name\":\"Terapin Studios Acquires Korean Webtoon Platform - TVASIA\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#website\"},\"datePublished\":\"2022-07-21T15:25:01+00:00\",\"dateModified\":\"2022-07-21T17:32:34+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/terapin-studios-acquires-korean-webtoon-platform\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tvasia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Terapin Studios Acquires Korean Webtoon Platform\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#website\",\"url\":\"https:\/\/worldscreen.com\/tvasia\/\",\"name\":\"TVASIA\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tvasia\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\",\"name\":\"Mansha Daswani\",\"description\":\"Mansha Daswani is the editor-in-chief and associate publisher of World Screen. 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