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Studio N

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Webtoon and web novel video content production

Seoul, South KoreaFounded 2018Consumer Services
Valuation $100–250M Last recorded · 2025
Total funding $10–50M Disclosed equity funding
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About Studio N

Studio N is a production company launched in August 2018 as a subsidiary of Webtoon Entertainment Inc., which in turn is owned by the South Korean internet conglomerate Naver Corporation. The company specializes in producing films, television series, and animations based on the intellectual property (IP) from Naver Webtoon's extensive library of digital comics and web novels.

The formation of Studio N was a strategic move by Naver Webtoon to capitalize on its vast repository of stories by adapting them for different media formats. The subsidiary is led by CEO Kwon Mi-kyung, a former head of the film business division at CJ E&M, a major South Korean entertainment and media company. Her experience includes working on the marketing and publishing of successful films. Studio N operates as an "IP bridge company," collaborating with existing film and drama production companies to bring webtoon stories to a wider audience.

The company's business model revolves around leveraging the established fan bases and proven narratives of popular webtoons to create content for various platforms, including traditional broadcast networks like OCN, tvN, and SBS TV, as well as global streaming services such as Netflix. This strategy helps to monetize Naver's digital storytelling assets across multiple multimedia platforms. Studio N co-produces its projects with a variety of partners, including Studio Dragon, Bon Factory Worldwide, and Playlist Studio.

Since its inception, Studio N has produced a slate of successful live-action dramas. Some of its notable productions include "Hell Is Other People," "Pegasus Market," "Sweet Home," "True Beauty," "Yumi's Cells," "Our Beloved Summer," and "Vigilante". The company's work has contributed to the global rise in popularity of K-dramas and Korean content on international streaming platforms.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Seoul, South Korea
Open positions
None listed
Dealroom signal
17.0/100
Industry
Media
Sub-industry
Content production
Sector
Consumer Services
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Apr 2025 $29M $117M Undisclosed ↗
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Growth signals

Studio N website traffic

Latest recorded traffic for Studio N is 4.4K monthly website visits.

Latest monthly visits4.4K
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea · Seoul HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Studio N on X, ranked by likes and reposts, corporate channels excluded.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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