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Oon Wattpad Cam You See Who Reads Your Book

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Online community themed around reading and writing

Wattpad.com
Wattpad logo.png

Current, rebranded logo since 2018
Type of business Subsidiary

Type of site

 Reading app, social networking service
Available in English, Spanish, other 48 available languages (actual count of: 32 languages.)
Headquarters Toronto, Ontario, Canada[1]
Expanse served Worldwide
Owner Wattpad Corp. (Naver Corporation) [2]
Founder(southward) Allen Lau
Ivan Yuen
Employees 145[3]
URL wattpad.com
Registration

Required[a]

  • Required for the majority of the tasks, such as: Editing, creating, or reading stories, view profiles, annotate or vote stories and post messages. Registration is also required for unlocking Wattpad Paid Stories with Wattpad Coins (since 2018 & 2019).
Users 500 million (2020)[4]
Launched December 2006; 15 years ago  (2006-12)
Electric current condition Agile
Native client(southward) on Android, iOS, Web

Wattpad is an online social reading platform intended for users to read and write original stories. Founded by Allen Lau and Ivan Yuen, the platform aims to create social communities effectually stories and remove the barriers between readers and writers.[5] The platform allows users to write and publish stories, or but read stories generated by other users. In Jan 2021, Naver Corporation announced that it would be acquiring Wattpad. The bargain was completed in May 2021.[6] Every bit of Nov 2021, Wattpad has a monthly audience of more than 90 1000000 users, who can directly interact with the writers and share their opinions with fellow readers.[7]

Wattpad has stories bachelor in more than 50 languages, and nearly 300,000 writers from 35 countries take part every year in the largest writing contest, The Watty Awards.[8] Some of these stories are being transformed into Boob tube dramas and movies, examples are Later and The Kissing Berth. [ix] In January 2019, Wattpad launched a publishing sectionalization named Wattpad Books, in an effort to take the "guesswork" out of publishing for authors.[10]

History and founder [edit]

Wattpad adult in 2006, as the result of a collaboration between Allen Lau and Ivan Yuen.[11] The visitor is based in Toronto, Ontario.[12]

Growth and funding [edit]

In February 2007, Wattpad appear the improver of over 17,000 east-books from Projection Gutenberg making them available to mobile users.[13] According to a June 2009 Wattpad press release, the application had been downloaded over v million times.[xiii] In March 2009, an iPhone version was released. This was followed by the launch on BlackBerry App World in Apr 2009, Google Android in June 2009 and Apple iPad in Apr 2010. In Dec 2015, Windows Phone eight.1 and Windows 10 Mobile Version was released. Currently, Wattpad has more than ninety million users[fourteen] who equally function of the Wattpad community collectively spend 15 billion minutes each month using Wattpad.[14] As of 2018, there are more than than 400 meg fanfiction uploads on Wattpad.

An old Wattpad logo dated back from 2006 until 2018. The first letter "W" is an upside-down letter of M. According to Wattpad Corporation, it was pretty dated and static.

The old Wattpad logo (2006–2018)

As of January 2018, Wattpad had received near USD $117.8M in funding from investors.[6] In 2011, Wattpad announced that information technology received $iii.5M in full funding from its current investors, and from West Media Ventures, Golden Venture Partners, and Marriage Foursquare Ventures.[15] Then in June 2012, Wattpad raised $17.3M from a grouping of venture funds led by Khosla Ventures.[16]

In April 2014, Wattpad announced $46M in Serial C funding led by OMERS ventures.[17] In January 2018, Wattpad appear USD $51M in funding from Tencent Holdings Limited, BDC, Globe Telecom's Kickstart Ventures, Peterson Group, Canso, and existing investor Raine.[18]

Awards [edit]

In December 2011, Toronto-based Wattpad was selected as the hottest Digital Media company in the country at the Canadian Innovation Exchange.[19] In the same year, co-founder and CEO Ivan Yuen was also recognized as a top Canadian entrepreneur at the Impact Infused Awards, sponsored past Deloitte.[20]

In the Philippines [edit]

In March 2014, Wattpad signed a contract with Pop Fiction, an imprint of Summit Media, to impress Filipino Wattpad stories in the Philippines.[21] Other publishers from the Philippines also publish stories from Wattpad.

Since then, some Wattpad stories have also been adapted into teleseries. Filipino television network TV5, in partnership with Wattpad and Life is Beautiful Publishing Visitor launched Wattpad Presents, a series of Wattpad stories turned into TV dramas. Wattpad stories aired on the prove are normally those that were published by LIB Publishing.

ABS-CBN likewise made several adaptation of Wattpad stories such as "My App Boyfie" by Noreen Capili (noringai), starring James Reid and Nadine Lustre, and the coming-of-historic period series Bagito starring Nash Aguas, Alexa Ilacad and Ella Cruz.[22] [23] [24] Pop Fiction'south best-selling book, "She's Dating the Gangster", written by Bianca Bernardino (SGWannaB) as a Wattpad original, became the first Wattpad story adapted into a full-length move flick starring Kathryn Bernardo and Daniel Padilla." The movie accommodation was produced by ABS-CBN's film production arm, Star Cinema.[25] Liza Soberano and Enrique Gil also starred on the film "Merely The Way You Are", based on the Wattpad story "The Bet" past Ilurvbooks." "Chasing Ruby-red" was published by isabelleronin, a Filipino-Canadian writer which got more than 200 meg views.[26] [27] [28] In 2021, He'due south Into Her, a novel written past Maxinejiji (Maxine Lat Calibuso), will premiere on iWant TFC, starring Belle Mariano and Donny Pangilinan.[29] [xxx]

After Dark [edit]

In February 2015 Wattpad launched a second standalone app called "After Night".[31] The app focuses specifically on the romance genre and is intended for adult readers.

Tap [edit]

On February 21, 2017, Wattpad launched a chat stories app chosen Tap.[32] [33] Tap offers stories in the form of text messages as if reading a private conversation on someone else's phone. The app was an early success, with over 240 meg taps in the first few weeks afterwards the launch.[34] On July 28, 2017, Tap launched 'Tap Originals', a series of original stories produced by its top-tier writers every single week, with some of those series working on an episode-by-episode footing.[35]

[edit]

On November 13, 2018, Wattpad introduced "Next Beta" to a few select countries for early testing.[36] [37] The launch of the Next Beta featured over 50 exclusively selected stories to exist paid with Watt Coins, which could be earned by having readers spend coins to unlock participating Next Beta stories. This offered writers to earn money through their work and to provide back up for readers. Wattpad planned a fast-follow launch for Next in Spanish-speaking regions and to expand the program. The programme was available in Latin America and Espana beginning May 27, 2019, earlier expanding worldwide on July xi the same yr.[38] On September 17, 2019, the Wattpad Team has announced the ending of the Next Beta program after results from the program showed that "Wattpadders are set up for a program that funds writers".[39] The program was later rebranded to "Paid Stories".

June 2020 information breach [edit]

In June 2020, Wattpad suffered a huge data breach that exposed nearly 270 one thousand thousand records. The data was initially sold before being published on a public hacking forum where it was widely circulated. The incident exposed extensive personal information including names and usernames, email and IP addresses, genders, birth dates and passwords stored as bcrypt hashes.[40] [41]

Subsequently that same yr on July 14, researchers at Risk Based Security discovered that a threat actor from an unknown source was responsible for the breach, along with the sourcing of over 278 million password credentials and email addresses, with breakdown analysis suggested that Gmail, Yahoo, and Outlook accounts were mostly afflicted.[42] The Wattpad Corporation has since investigated and patched the effect.

Conquering by Naver [edit]

In January 2021, Wattpad announced that it was to be acquired past Naver Corporation in a $600 meg cash-and-stock deal.[43] In an interview, Lau states "it's as well been very articulate from Naver, and we agree, that we should operate every bit independently equally possible."[44] Wattpad will remain headquartered in Canada and under its current leadership.

Usage [edit]

Statistics [edit]

As of September 2020:

  • More than 85% of its traffic and usage comes from mobile devices,[45]
  • The site has 90 million monthly users,[46]
  • There are over 665 million story uploads in full,[13]
  • 80% of users are female, lxxx% of whom are millennials or Gen Z.[47]

[edit]

The most frequently voted stories appear on the "What's Hot List". According to the profiles visible on the site, many of these authors are teenagers.[ commendation needed ] [ non-principal source needed ]

Wattpad section also has a Featured Story listing, which promotes content reviewed and canonical past staff and an editorial review board. Many of these featured stories are written past self-published and professional person writers from unlike genres. Famous authors like Margaret Atwood, Paulo Coelho and R. L. Stine have likewise joined Wattpad.[48] Wattpad also encourages the writers to interact with their audience and promote their stories across social media websites like Twitter, Facebook, YouTube and Instagram.[49]

Fan fiction [edit]

Wattpad has increased in popularity amid many fandoms, who take to the platform to arts and crafts their own fan fiction.[50] Ane of the almost notable stories on the platform is the Later on series by Anna Todd, which was originally published as a Harry Styles fan fiction.[51] Later its large popularity amongst the One Direction fandom and the app's readers, the story became the most read volume on Wattpad,[52] having achieved but under 10 million unique readers on the platform and been read more than ane billion times.[53] The series went on to be published by Gallery Books and became a New York Times Best Seller.[52]

By crafting a spot for fanfiction alongside its other genres, Wattpad prioritizes its teen readers and gives the platform a twist.[54] Deputy General Director, Ashleigh Gardner, added the post-obit almost the genre: "What's unique almost Wattpad is that fanfic is treated like any other genre, living alongside other forms of fiction. This makes information technology more fluid for readers of an original fiction to notice a new fanfic, or inspire a fanfiction writer to start a new story and bring their audience along with them."[55]

Fanfiction is the tertiary-largest category on Wattpad, closely behind Romance and Teen Fiction, many of which are also fanfictions.[54]

Contests [edit]

Wattpad hosts a number of writing contests each twelvemonth, including the annual Watty Awards, the largest writing competition in the earth.[56] In 2011, The Watty Awards introduced three entry levels (Popular, On The Rise, and Undiscovered) to allow greater chances of winning for every type of author. Contests are open to anyone who has a Wattpad business relationship.

During the summer of 2012, Wattpad in collaboration with Margaret Atwood, Canadian poet/novelist/literary critic, held the "Wattys": the first major poetry contest offering a chance to poets on Wattpad to compete confronting each other in one of ii categories, either as an "Enthusiast" or a "Competitor". Information technology has been going always since, and at present the competition is open up to books of all genres.

Publishing [edit]

Wattpad has formed ties with publishing houses to endeavor to aid Wattpad authors to receive compensation for their works. A new co-operative, Wattpad Studios, was developed to connect popular writers to both the publishing and film industries.[57] Wattpad has, in the past, teamed up with publishing groups such as Sourcebooks to aid Wattpad authors receive book deals, and get their work into hard copies.[58] More traditional publishing houses such as Random House and HarperCollins accept approached popular Wattpad writers to negotiate publishing deals, assuasive the website to serve as a springboard into the more traditional publishing industry.[59]

Author Anna Todd, whose piece of work "After" has received over a billion reads on the site, was given a publishing deal with Simon & Schuster to turn her online work into a multiple-volume published saga. A moving picture version starring Josephine Langford, Hero Fiennes Tiffin, Selma Blair, Jennifer Beals, Peter Gallagher, and Shane Paul McGhie was released by Aviron Pictured on Apr 12, 2019.

Wattpad Books [edit]

On January 24, 2019, Wattpad launched publishing division Wattpad Books led by Wattpad Studios' Publishing Deputy Manager Ashleigh Gardner, with operations managed by Wattpad Studios' Publishing Director Deanna McFadden.[60] According to CEO Allen Lau, this project was in an attempt to accept the "guesswork" out of publishing.[61]

Wattpad Books acquisitions uses a mix of their Story Deoxyribonucleic acid Machine Learning applied science (algorithms) learning with human being editors.[62] This human-and-digital acquisitions team look to Wattpad's large and existing digital library (over half a billion titles) in order to select notable material for publication.[62] [63] Co-ordinate to Wattpad Books leader Ashleigh Gardner, this is in an effort to combat bias inherent in human editors.[62] Gardner says that this technology analyzes the data behind each title, looking at story structure and word employ in add-on to levels of reader engagement per championship.[64] This data is then compared to analyses of other books on Wattpad and in the public domain.[64] Once all the information has been collected and appointment has been looked at, man staffers read the titles and create their listing.[64]

All published titles are an amalgamation of international hits and notable just known material from their digital library.[threescore] These titles are distributed by Macmillan in the U.s.a. of America, Raincoast Books in Canada, and Penguin Random House in India and the U.k., with their Fall 2019 list available in leading N American retailers.[60] [10] [65] Outside North America, Gardner has sold the rights to Hachette (France) for Deanna Cameron's What Happened Last Dark. [66] Additionally, Lauren Palphreyman'southward rights to Cupid'south Match have been sold in French (Hachette) and German (S. Fischer Verlgage).[67]

Wattpad's first list consists of six young developed novels.[67] The QB Bad Boy & Me past Tay Marley (28.8 million reads) volition be their lead championship and was slated for release on August 13, 2019.[67] The remaining five books will be released between September and October 2019 and include: Trapeze by Leigh Ansell (ii.five one thousand thousand reads), What Happened That Night past Deanna Cameron (over 1 million reads), Saving Everest past Sky Reads (17.two million reads), Cupid's Match past Lauren Palphreyman (46.iv million reads), and I'm a Gay Wizard by V.S. Santoni (404,000 reads).[67] Wattpad hopes to publish 18 titles in their 2020 list.[67]

Likewise Wattpad Books, Wattpad announced partnership with Anvil Publishing, Inc., i of the Philippines' leading publishers, to create Bliss Books, a YA imprint with Filipino Young Adult and romance fanatics as their target market place.[68]

Entertainment [edit]

Netflix film The Kissing Booth was written in 2011 by author Beth Reekles. It originated every bit a story on Wattpad where information technology won a Watty Award for "Nearly Popular Teen Fiction" in Wattpad'south almanac writing contest.[69] By 2012 information technology had amassed over nineteen million reads on Wattpad and, in 2013, was published by Penguin Random House.[70] In an interview with Forbes, Reekles explains what drew her to Wattpad: "I loved the feeling of customs on the site, and when I began to share, I liked the anonymity of it because I was so self-conscious nigh my writing and hadn't shared information technology with anyone earlier."[71]

Since The Kissing Booth premiered on Netflix on May 11, 2018, Ted Sarandos called it "one of the most-watched movies in the country, and maybe in the globe".[71] The Kissing Berth was the fourth most-popular movie in IMDb'due south popularity rankings in June 2018.[nine] Wattpad has also inked deals with Asian distribution partners, such every bit pan-Asian streaming platform Iflix to co-produce dozens of original movies based on Wattpad stories out of Republic of indonesia,[72] and Singapore's Mediacorp, to bring Wattpad stories to Mediacorp's FTA channels such as Channel 5 (with exception of CNA) and its streaming service Toggle.[73]

On Dec 8, 2021, information technology was announced that ViacomCBS would exist partnering with Wattpad to produce some of its original stories.[74]

Wattpad, with AwesomenessTV, produces Hulu's popular Light equally a Plume.

Furnishings on writers [edit]

Online writing communities like Wattpad assist young writers learn and abound their craft from constructive feedback and criticism.[75] Composed of students and their experiences on online writing platforms, the study aims to show how effective criticism affects their writing process. Nearly participants adopt serious feedback over subtle critiquing, based on the results.[75]

Wattpad as well as similar online writing communities help immature authors build and construct their self perception every bit writers, as well as establishes an audience and collaborate with readers.[76] It acts as a gateway into the publishing realm and offers hands-on experience with digital writing. This type of feel helps writers develop personal authorship.[76]

Wattpad offers unique features that other writing platforms do not similar the interactive margin commenting. Registered readers can add comments and feedback past individual lines and paragraphs as they are reading rather than afterwards the affiliate or story is finished.[77] These comment sections are available to be viewed by all readers (guests and non-guests alike, then far every bit of 2021). Registered users can also use them for reacting to the chapter, offering feedback, or merely for personal input, allowing readers to encounter what others are thinking and writers to see how readers are responding.[77] If a guest attempts to view replies to a annotate, or wishes to give feedback themselves, they will be prompted to create an account or log in to do so.

Copyright issues [edit]

Early on in its history, some of the large volumes of user-uploaded material hosted on Wattpad was copyrighted material created past authors who did not grant republication rights. In May 2009, an article in 'The New York Times' noted, "Sites like Scribd and Wattpad, which invite users to upload documents like college theses and self-published novels, accept been the target of industry grumbling in recent weeks, equally illegal reproductions of popular titles take turned up on them".[78]

The Wattpad website notes, "We exercise not welcome upload of cloth that violates its copyright terms," but also states "it is but not possible to screen and verify all posted content."[79] In response to industry criticism, in April 2009 (before the publication of the New York Times article that named Wattpad as a vehicle for user-generated e-volume infringement) Wattpad announced an "Authors In Charge" programme, designed to allow authors or their representatives to identify and directly remove infringing content from the site, just this programme is designed specifically for "authors with published books for auction."[79] Authors may brainstorm their stories on Wattpad and and so choose to publish their work. In nearly cases, the piece of work on Wattpad is only a sample to ensure funds going to them in regards to their writing.

Competitors and like sites [edit]

Bookmate and the long-established and popular sites FanFiction.Net and Fiction Printing (a spin-off site for original fiction) too serve as hubs for online prose. An alternative site which is gratuitous and open source is Archive of Our Own, or AO3.[fourscore]

Explanatory notes [edit]

  1. ^ Although this site wholly requires an account registration to gain access to this website for mobile users in the official app, information technology can nevertheless exist accessed via clicking the links to their user-created stories or to their account profiles.

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Source: https://en.wikipedia.org/wiki/Wattpad

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