Every material Form 8-K WEBTOON Entertainment Inc. has filed with the SEC since May 11, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
WEBTOON Entertainment amended CEO Junkoo Kim's employment agreement effective October 1, 2026, as he relocates his primary residence from Korea to the United States, while he keeps his CEO and Chairman roles. The amended agreement increases severance for termination without Cause or resignation with Good Reason, which means higher potential cash and equity costs for the company if those events occur.
Kim keeps his CEO and Chairman roles; the filing says the relocation does not change his responsibilities.
Amended agreement raises non-change-in-control severance from six to 12 months of base salary, adds a lump sum equal to the target bonus, and extends COBRA reimbursement from six to 12 months.
Within 12 months after a change in control, cash severance rises from 12 to 24 months of base salary, with a lump sum of two times the target bonus and full vesting acceleration of performance stock units.
Kim receives a one-time relocation cash benefit of $567,009 payable in January 2027, and a severance payment of about $184,175 from NAVER WEBTOON payable in October 2026.
WEBTOON Entertainment reported second-quarter 2026 revenue of $338.5 million, down 2.8% from a year earlier, and a net loss of $14.6 million versus $3.9 million in the prior-year quarter. The company also agreed on August 6, 2026 to buy up to 9,000 shares, about a 60% stake, in South Korean game developer RI Games Holdings in two closings, with the second dependent on a commercial launch milestone.
Q2 revenue $338.5 million, down 2.8% from $348.3 million; up 5.2% on a constant currency basis to $366.4 million
Net loss $14.6 million, or $0.11 per diluted share, versus $3.9 million, or $0.03 per share, a year earlier, driven primarily by increased marketing investment
Adjusted EBITDA $5.5 million versus $9.7 million a year earlier, above the high end of prior guidance
Third-quarter outlook: revenue of $358-$368 million and Adjusted EBITDA of $0.0-$5.0 million; RI Games stake to be consolidated after the second closing
WEBTOON Entertainment reported first quarter 2026 results for the period ended March 31, 2026. Total revenue fell 1.5% year over year to $320.9 million, but the net loss narrowed to $8.8 million from $22.0 million and Adjusted EBITDA rose 132% to $9.5 million, which the company attributed to better gross profit and cost controls. The company also guided second quarter revenue to $332-$342 million and Adjusted EBITDA to $0.0-$5.0 million.
Total revenue was $320.9 million, down 1.5% year over year; on a constant currency basis, revenue grew 0.2% to $326.4 million.
Net loss was $8.8 million, compared with $22.0 million a year earlier; diluted loss per share was $0.07, compared with $0.17.
Adjusted EBITDA was $9.5 million, up from $4.1 million, with an Adjusted EBITDA Margin of 3.0% versus 1.3%.
For the second quarter of 2026, the company expects revenue of $332-$342 million based on current FX rates and Adjusted EBITDA of $0.0-$5.0 million.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every WEBTOON Entertainment Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →