"Liwayway"’s mix of prose with illustration and their wide array of genres benefited not only the magazine itself but other comics and magazines that came after it. After "Liwayway" began publishing their comic serials, the magazine as well as other comics that followed began to move from short strips to longer, episodic serials mirroring novels. Its impact in molding the genre and the medium has led scholars such as Cynthia Roxas and Joaquin Arevalo Jr. to credit the magazine for essentially giving birth to the comic industry in the Philippines.