HomeIndustriesEntertainment & MediaDisney Takes Stake in WBTN, Stock Rallies 40%

Disney Takes Stake in WBTN, Stock Rallies 40%

Walt Disney (DIS) just turned the page on its partnership with Webtoon (WBTN). The digital comic book company rallied to August 2024 highs after Disney added a 2% stake in the company. This comes on the back of a partnership penned by both companies last month. George Tsilis talks about what puts this company in a unique position outside the partnership and its path for profitability.

Market On Close

16 Sep 2025

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