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WEBTOON Entertainment's NAVER WEBTOON Joins ACE to Expand Global Battle Against Digital Piracy

1. NAVER WEBTOON joins ACE, enhancing its anti-piracy credibility. 2. This partnership could positively affect WEBTOON's market position and growth.

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FAQ

Why Bullish?

Membership in ACE may attract more partnerships and investments, improving WBTN's market scope, similar to how other media companies boosted revenue through anti-piracy affiliations.

How important is it?

The addition of NAVER WEBTOON to ACE signifies significant strategic moves in the media landscape, enhancing its reputational credibility and potentially influencing WBTN's stock value.

Why Long Term?

The effects of this alliance on market share and brand reputation may take time to materialize, as seen in previous high-profile membership announcements in media sectors.

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WEBTOONDISNFLXAMZN
LOS ANGELES--(BUSINESS WIRE)--The Alliance for Creativity and Entertainment (ACE), the world's leading anti-piracy coalition, today welcomed NAVER WEBTOON as its newest member. NAVER WEBTOON is part of WEBTOON Entertainment Inc., a leading global entertainment company and home to some of the world's largest storytelling platforms. NAVER WEBTOON is the first and only webcomic and webnovel company to join ACE, and the first Korean-originated company to join ACE. NAVER WEBTOON's parent company, WE.

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