Naver Ventures Invests in Emmy-Winning Studio Baobab for New Webtoon
Naver Ventures, the U.S. investment arm of NAVER, the parent company of WEBTOON Entertainment, has made a strategic investment in Baobab Studios, the 10-time Emmy-winning animation studio behind Namoo and Crow: The Legend. The partnership pairs Baobab with WEBTOON on SHINE, an original fantasy adventure webcomic by Oscar-nominated filmmaker Erick Oh and webtoon creator Madeleine Rosca, set in a futuristic Korea.