Com2uS sells 4.5% Com2uS EN stake to Red Ice Studio

  • Com2uS is selling a 4.5% Com2uS EN stake to Red Ice Studio.
  • The transaction is valued at approximately 2.8 billion won, or $2.1 million.
  • The companies plan to accelerate strategic cooperation involving webtoon intellectual property and content.

South Korea’s Com2uS is selling a 4.5% stake in content subsidiary Com2uS EN to webtoon production house Red Ice Studio for approximately 2.8 billion won ($2.1 million). The companies plan to use the equity transaction to accelerate strategic cooperation, combining Red Ice Studio’s webtoon intellectual property and production capabilities with Com2uS EN’s content-business expertise. An earlier record identified the subsidiary as Com2uS Platform and cited 1,080,506 shares; the updated report identifies Com2uS EN and gives the transaction value as approximately $2.1 million. Red Ice Studio is associated with webtoon titles including "Solo Leveling," "Omniscient Reader's Viewpoint," "Tomb Raider King" and "The Hard-Earned Gear." Its "Omniscient Reader's Viewpoint" webtoon has surpassed 2 billion cumulative global views, while "Solo Leveling" has exceeded 14.3 billion views across its web novel and webtoon versions. Com2uS’s content operations cover films, dramas and webtoons, along with related online and offline businesses supported by artificial intelligence, extended reality, virtual reality technology and production infrastructure.

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