Wattpad units its sights on manufacturers, publishers and Hollywood with Wattpad Studios
Wattpad, a well-liked website the place authors can share tales with readers, is saying its broader ambitions with the launch of a brand new division referred to as Wattpad Studios.
The corporate describes Studios as a method for Wattpad to companion with the leisure business, and it stated the brand new division will function like the multi-channel networks that work with on-line video creators.
Wattpad Studios builds and consists of various present Wattpad initiatives. For instance, the corporate launched a Wattpad Stars program final fall, which connects in style Wattpad writers with manufacturers and publishers for paid work. And the TV5 Community within the Philippines labored with the Wattpad Presents program to create 200 episodes tailored from Wattpad tales.
As for making inroads into Hollywood particularly, Paramount Footage acquired the rights to After by Anna Todd, which was successful on Wattpad, and the corporate has additionally partnered with the excessive-powered company UTA.
Aron Levitz, who beforehand launched Wattpad’s native advertisements, shall be main the brand new division.
“As the most important and quickest-rising platform for tales, we will simply spot the voices that resonate with audiences around the globe and the tales which have a longtime fan base,” Levitz stated within the announcement launch. “Wattpad Studios will assist business executives make smarter selections, quicker.”
Along with Wattpad Stars (which the corporate says shall be “the engine of Wattpad Studios”) and Wattpad Presents, the Studios division will embrace Wattpad Phrases for publishers and Wattpad Insights, which identifies the kind of tales which are trending on Wattpad.
Wattpad says it reaches an viewers of forty five million individuals each month, with almost 250 million tales uploaded.