I& #39;m only seeing this now: "Wattpad’s Development Fund will back early-stage development for select TV and film projects, starting with two of its buzziest titles." https://www.fastcompany.com/90504856/it-discovered-kissing-booth-after-now-wattpad-ramping-up-hit-factory">https://www.fastcompany.com/90504856/...

This was bound to happen: @wattpad has access to literaly billions of data points on what literary content is worth turning other full-on media franchises

Wrote about this last year https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧐" title="Face with monocle" aria-label="Emoji: Face with monocle"> https://recreations.substack.com/p/how-wattpad-is-building-the-next-entertainment-giant">https://recreations.substack.com/p/how-wat...

Every year, it& #39;s integrating more of the value chain.

Connecting writers with agents and publishers => Wattpad Books

Working with production companies => Wattpad Studios

Now the Development Fund will let it go upstream and capture even more of the upside

If I may say so myself - this thread is a good primer on the company& #39;s strategy https://abs.twimg.com/emoji/v2/... draggable="false" alt="😬" title="Grimacing face" aria-label="Emoji: Grimacing face"> https://twitter.com/max_eyr/status/1206622142026129408">https://twitter.com/max_eyr/s...