Pursuits

World's Largest Story-Sharing Site Pushes Into Movie Business

  • Wattpad plans to co-produce movies and TV shows with Hollywood
  • `I can tell you what’s hotter: werewolfs or vampires'

Canada's Hottest Startup Goes to Hollywood

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Canada’s Wattpad, the world’s largest online community of amateur writers, is setting up a production studio to turn its stories into movies and TV shows in collaboration with Hollywood.

The move is part of Wattpad’s goal of pulling revenue from its user base of 45 million writers and readers. Over the past year the Toronto-based firm has also recruited its most popular writers to create branded stories for companies like Coca-Cola Co., AT&T Inc. and Mondelez International Inc. Wattpad is the brand name of WP Technology Inc.