Founder Chang Kim will continue the day-t0-day management of Tapas.
South Korea-based entertainment company Kakao Entertainment has announced that they’ve acquired the webcomics site Tapas Media for an estimated $510 million.
Chang Kim, who founded Tapas in 2012, will continue to oversee the day-to-day management of Tapas and also become Global Strategy Officers within Kakao Entertainment.
Kakao Entertainment was already a stakeholder of Tapas as of last November, and several of Kakoa’s webcomics are available via Tapas, including A Business Proposal, Space Sweepers, The Uncanny Counter, and Navillera.
“We’re thrilled to join forces with Kakao Entertainment, an entertainment content juggernaut with a massive library of original webtoon IPs, which can be introduced to the US audience through the Tapas platform,” Kim said. “Our team, our unique company culture and our awesome creator community stay the same while we race ahead with the exact same mission but on a much bigger scale.”
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