EXCLUSIVE: Korean webcomic platform Manta has named its first CEO.
The Seoul, Korea-based subscription service will likely be led by Travis Kim, efficient instantly.
This comes as Manta appears to be like to construct a repository of IP and scale for the longer term. The corporate mentioned the transfer will “cement” its autonomy from its mum or dad, RIDI Company, and positions it to create extra scale independently.
RIDI founder Kisik Bae based the platform in late 2020, providing webtoons for a worth – just like the webtoons providers which have exploded world wide in recent times.
New CEO Kim will spend his time between Korea and the U.S. He has an in depth background in operations, administration, product administration and scaling companies. His most up-to-date position was Chief Product Officer for CLASS101, a Korean start-up, and has labored carefully with international companies akin to Amazon and LG Electronics.
“Travis has the confirmed management acumen, honed via a myriad of administration roles, enabling him to take the helm at Manta and expedite the corporate’s progress,” mentioned Bae, who predicted the platform would turn into a “powerhouse… sooner or later.”
“I’m satisfied that we’ve got all witnessed Manta’s potential to be a big drive within the digital business,” added Kim.
Manta operates in 175 international locations and gives comics for a set month-to-month worth, whereas most of its rivals have historically opted for pay-per-title fashions. The corporate has additionally mentioned it expects IP owned by RIDI and Manta via the platform will likely be tailored for movies and TV.
