From teen wizards to Harry Styles romances: How Wattpad created a user-generated media empire

In the world of Wattpad, no genre is too niche. The user-generated publishing platform, founded in 2006 and boasting 90 million monthly readers, has spent the past few years turning its most online popular stories into both print books and movies and TV shows. In 2021, the multimedia powerhouse was acquired by the Korean tech giant Naver for $600 million—a price buoyed by Wattpad’s ability to analyze content down to which lines of a story readers like best (and absolutely must appear in a movie adaptation). “We have what is possibly the largest library of fiction that’s ever been created,” says Aron Levitz, General Manager of Wattpad Studios, the film and TV arm. “Our audience data allows us to really explore that.” The company’s insights have catapulted dozens of untraditional stories to box office and bestseller success.  Click to expand [Data Visualization: Chelsea Schiff] Wattpad estimates it has 90 projects currently in development (see above), with more titles being surfaced every day by users and algorithms. Some prime examples of the company’s success: Anna Todd’s After series began as Harry Styles fanfiction, selling millions of books. The first After feature film, released in 2019, made $70 million, and a third ( After We Collided ) will come out later this year. Young adult novel I’m A Gay Wizard was one of Wattpad Books’ first print releases in 2019, and is currently being developed into a TV series by the Wattpad Development Fund, which identifies and elevates underrepresented stories for film and TV. The company also has a massive presence in Asia: Indonesian romance novel Turn On garnered more than 17 million reads on Wattpad, and debuted as an eight part TV series in January. With 10 million views so far, it’s the most successful Wattpad project of 2021. Read More …

From teen wizards to Harry Styles romances: How Wattpad created a user-generated media empire

In the world of Wattpad, no genre is too niche. The user-generated publishing platform, founded in 2006 and boasting 90 million monthly readers, has spent the past few years turning its most online popular stories into both print books and movies and TV shows. In 2021, the multimedia powerhouse was acquired by the Korean tech giant Naver for $600 million—a price buoyed by Wattpad’s ability to analyze content down to which lines of a story readers like best (and absolutely must appear in a movie adaptation). “We have what is possibly the largest library of fiction that’s ever been created,” says Aron Levitz, General Manager of Wattpad Studios, the film and TV arm. “Our audience data allows us to really explore that.” The company’s insights have catapulted dozens of untraditional stories to box office and bestseller success.  Click to expand [Data Visualization: Chelsea Schiff] Wattpad estimates it has 90 projects currently in development (see above), with more titles being surfaced every day by users and algorithms. Some prime examples of the company’s success: Anna Todd’s After series began as Harry Styles fanfiction, selling millions of books. The first After feature film, released in 2019, made $70 million, and a third ( After We Collided ) will come out later this year. Young adult novel I’m A Gay Wizard was one of Wattpad Books’ first print releases in 2019, and is currently being developed into a TV series by the Wattpad Development Fund, which identifies and elevates underrepresented stories for film and TV. The company also has a massive presence in Asia: Indonesian romance novel Turn On garnered more than 17 million reads on Wattpad, and debuted as an eight part TV series in January. With 10 million views so far, it’s the most successful Wattpad project of 2021. Read More …

Ro’s $225 million Modern Fertility acquisition is a big bet on women’s health

Online health brand Ro has been expanding beyond the pharmacy with at-home blood draws and vaccine delivery . Now it’s moving into fertility care with the acquisition of personal testing company Modern Fertility . The purchase shows that Ro sees women’s health as a key area of development Read More …

New iPad Pro: Amazing hardware in search of equally amazing software

There’s a long-standing urban myth that Apple designs products with planned obsolescence in mind—intentionally engineering them so that you’ll grow dissatisfied over time and want to replace them with something newer and shinier. Don’t you believe it. The company actually has a pretty impressive track record of building products that remain useful for the long haul, even well after they’ve been discontinued and replaced. One of the best recent examples is the iPad Pro that arrived back in November 2018 . Now theoretically two generations out of date, it belies its age by feeling just about as fast, fresh, stylish, and capable as it did on day one. It’s even compatible with Apple’s Magic Keyboard, which shipped 16 months later and took the iPad Pro to new heights as a laptop replacement. That 2018 iPad Pro was so good, in fact, that it hasn’t cried out for reinvention. Last year’s iPad Pro  acknowledged that by focusing on improvements to the rear camera system, including some aimed at making augmented-reality apps work better. For most iPad Pro users, it was the kind of update you could sensibly skip, biding your time to see what came next. That time has arrived. Apple is about to release  another new iPad Pro that, like last year’s model, retains the industrial design and basic feature set of the 2018 version. (It officially arrives in stores on Friday, though it’s already in enough demand that Apple is quoting availability dates for new preorders in late June and July.) I’ve spent more than a week with a prerelease 12.9-inch unit provided by Apple, along with a Magic Keyboard case and Pencil stylus. (The keyboard is the new white version , which looks mighty sharp—and, unlike any previous iPad keyboard, is color-coordinated with the Pencil.) Finally, an iPad keyboard case that matches Apple’s Pencil. [Photo: Harry McCracken] In terms of sheer technical excellence, this new iPad Pro is a good-size leap beyond its 2018 and 2020 predecessors. Read More …

Will you go back to a movie theater for more ‘Sopranos’? This filmmaker is betting on it

Kristian Fraga ‘s new film is nearly three hours long and mostly involves people sitting in chairs talking. But the director is convinced it’s a film that will get audiences back in theaters, where it is being shown starting on May 19.   There’s another hook too. The three-part documentary, being distributed by CineLife Entertainment, is about The Sopranos , so it’s essential viewing for fans of the seminal HBO show.   Fraga admits that to those who have no interest in Tony Soprano and his turn-of-the-century mobster malaise, Sopranos Sessions “will be like watching paint dry.” But his hope is that the film will also tap film and TV lovers interested in the craft of visual storytelling and the creative process of someone such as series creator David Chase, and that its intimate, pared-down nature will be a draw for theatergoers who have been pent up at home during COVID-19.   “I don’t have vistas or camels or spaceships,” Fraga says. “But the immediacy of the big screen and the experience of being in a theater where there are no distractions—you kind of get into the zone of the conversation.”   [Photo: CineLife Entertainment] There are many conversations. Read More …