CJ ENM is spinning off its webtoon label Manhwa Family into a separate entity to allow each business unit to strengthen expertise and operate more independently. The move signals growing strategic importance of webtoons within the conglomerate.
CJ ENM announced it will spin off its webtoon label Manhwa Family as a separate entity. The company stated the spin-off will allow each business unit to strengthen its expertise and operate more independently. Manhwa Family is a platform for Korean webtoons and web novels.
This restructuring highlights the increasing value of webtoon and web novel IP in the global market. For readers and translators, it may lead to more focused investment in content acquisition and localization, potentially expanding the availability of Korean web novels in translation.
CJ ENM is a major South Korean entertainment conglomerate. Manhwa Family is its digital comics and web novel platform, competing with Naver Webtoon and KakaoPage.
Original source: https://www.animenewsnetwork.com/news/2026-05-03/cj-enm-to-spin-off-webtoon-label-manhwa-family-as-separate-entity/.236869
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