Tapas Media has its personal platform for digital comics — however like loads of publishers, CEO Chang Kim has ambitions past the comics world.
Comixology is the big name in digital comics. The business, which turned into got by Amazon in 2014, is concentrated on promoting print comics from principal publishers in internet- and mobile-friendly formats. (It’s additionally working with publishers like surprise to create exclusively digital content material.)
That’s a extremely different strategy from Tapas, which Kim in comparison to YouTube — it permits particular person creators to post their work and (hopefully) reach an audience. and unlike the superhero-dominated world of american comics, the most typical titles on Tapas seem to be more romance and myth themed, and are usually drawn in a method that’s nearer to jap manga.
Tapas was based in 2013, and it now says the platform has more than 32,000 creators who have created more than 48,000 titles. And it’s attaining an audience of two.1 million month-to-month friends.
The comics themselves are monetized via micropayments. usually, the primary few chapters of a title are free, then you ought to pay to hold going.
Chang stated his crew is additionally working with probably the most most well-known creators on the platform to enhance new highbrow property, which can be translated into videos or television or different media. eventually, he observed he’s hoping that Tapas may launch the subsequent Harry Potter.
That stage of success is an extended way off, but Tapas is already exploring how you can adapt its IP. for example, it’s saying a partnership with red Kraken Apps to boost a cellular puzzle game based on its Dungeon construction Co. comic.
in addition, the business has partnered with Hachette booklet group and Ten velocity Press on titles, and it’s signed distribution offers with Tencent and Kakao.
Tapas introduced previous this month that it has raised $ 5 million in further sequence A funding. (The company has raised $ 10.8 million complete.) Now it’s revealing extra particulars in regards to the circular, which comes from id Ventures, SBI investment Korea, Medici funding and EN investment. Sean Park of identity Ventures is joining the board of administrators.
“identity Ventures invested in Tapas Media as a result of we agree with in the influence their platform has on the digital and cellular publishing industries,” Park referred to in a press release. “Their astounding extension into licensed content and co-construction will see their persevered dominance, as identity Ventures’ investment looks to support Tapas Media capitalize on their platform’s adoption and innovation as smartly.”