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The Vulnerability of Production Focused on Paper Books

Publishing Industry   The Vulnerability of Production Focused on Paper Books   2022.06.07   The advancement of science has brought development to media, including in variety. Also, as an IT powerhouse, Korea provides easier access to all sorts of content, enabling people across all age groups to enjoy visual fun and entertainment through visual content rather than books. The significant drop in public interest in paper books – the analog – can be easily seen in the statistics of the yearly decrease in the reading population.   Reading population and the number of books read per person (2011~2021)   * Source: Statistics Korea (11.17.2021), Social Survey Results in 2021   As you can start a book-publishing business with a relatively small financial basis, the entry barrier is not that high. If you are interested, you can take your first foot in the industry without much difficulty. However, it is at the same time the re...
  • VOL.47 / 2022.06
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Seoul Book Institute (SBI)

Publishing Policy   Seoul Book Institute (SBI)   2022.06.07                     A learning space for publishers in Korea where dreams come true - SBI(Seoul Book Institute)Seoul Book Institute (SBI) is the representative training organization in Korea that has been cultivating bookmakers.   From to-be publishers who dream of becoming professional publishers, to those in the publishing industry who want to upgrade their publishing capacity.SBI, which produced its first graduates in 2006, has been strengthening the capacity of the Korean publishing industry by supporting 750 new publishers and around 14,000 existing publishers up to date.   The curriculum at SBI, 2022Planning for publishing/Editing for publishing/Marketing for publishing/Design for publishing/Manufacturing for publishing/E-books/Business   SBI runs various training courses necessary to become a publishing expert.We also put the mai...
  • VOL.47 / 2022.06
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The Era of the Metaverse: Will It Allow Authors and the Publishing Industry to Coexist?

Publishing Industry   The Era of the Metaverse:Will It Allow Authors and the Publishing Industry to Coexist?   2022.03.07   * Metaverse: Metaverse is a term consisting of “meta,” meaning “virtual” and “transcendent,” and “universe,” meaning space. It refers to a three-dimensional virtual world where social, economic, and cultural activities take place just like reality. * NFT: Meaning “Non-Fungible Token,” NFT refers to a token that represents rare digital assets.   Transition to an era where we can own a famous writer’s poem   On June 5, 2021, the third poem collection Rat and Oyster (Hyundae Munhak) of writer Bae Soo-Yeon was published in the form of an NFT, sold at 2.94 Ethereum on Opensea, an online NFT marketplace. The momentary currency of 2.94 Ethereum was approximately 9 million won, which today costs about 10 million. If we think that a poem col...
  • VOL.44 / 2022.03
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2022 Overseas Publication Grants

Publishing Policy   2022 Overseas Publication Grants   2022.03.07                           01. Overview of grants   ▶ Qualification Overseas publishers who have imported or are planning to import Korean publication copyrights - Books that have been published or are to be published in local markets, beginning November 1st, 2021 to October 31th, 2022 - Such books must be published in the time period and be submitted to the Publication Industry Promotion Agency of Korea (“KPIPA”) by November 7th, 2022 (Monday).   ▶ Scope of selection Around 40 books will be selected, and grants will be provided in amounts varying by region - Europe and North America: USD3,000 - China and Japan: USD2,500 - Other countries: USD2,000   ▶ Grant-winning work of the 〈Ov...
  • VOL.44 / 2022.03
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Collaboration of Reading Class at School and the Publishing Industry

Publishing Industry   Collaboration of Reading Class at Schooland the Publishing Industry The Impact of the "Reading One Book in a Semester" Program   2022.02.14   Before discussing Korean schools' reading education, “Reading One Book in a Semester” should come first. The program “Reading a Book in a Semester” is an educational method in the National Curriculum Revised in 2015. It is about reading a book a semester during Korean classes. This methodology was first applied to 3rd and 4th graders of elementary school and first-year students in middle and high school in 2018. From 2020, it was expanded to students from grades 3 to 12.Generally, “Reading One Book in a Semester” is conducted in around 12 to 17 classes per semester for Korean courses. Time for reading and relevant activities are included during the regular curriculum. Reading the same book in a group of 4 or 5 is the most common activity. Reading books in different ways comes next. Sometimes the ...
  • VOL.43 / 2022.02
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Reviews, Review Journals, and the New Review Culture

Publishing Industry   Reviews, Review Journals, and the New Review Culture   2021.12.06   More than 80,000 books are published each year. It means that about 200 books are released in the market every day. Some become bestsellers, and some vanish from the shelves in a few days. People that are "sincere" about reading books lose their way in the piles of new books, trying to figure out which book is good to read. Some people wait for the book column in a newspaper, some listen to book introductions on TV or radio, and some nod their head to the fancy wordplay of book-tubers on YouTube. However, as there is no appropriate or trustable guide, many readers feel as if they are trapped in Daedalus' Maze. Besides, there are voices arguing that there's actually no book to read, for there's no water to drink in a flood.   Recently in Korea, a small seed of hope has sprung up, that the new review culture will arrive, centered around a number of review journals.  ...
  • VOL.41 / 2021.12
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The Current State of Korea’s Libraries and Their Relation to the Publishing Industry

Publishing Industry   The Current State of Korea’s Libraries and TheirRelation to the Publishing Industry   2021.11.01     Libraries have been around for a very long time in Korea, but the same cannot be said for libraries that fall under the modern definition. Pioneers who wanted to establish a new country as the late 19th century Joseon Dynasty passed, followed by the early 20th century Korean Empire, had the goal of establishing libraries under the modern concept. However, due to the arrival of Japanese colonization, they could not achieve the goal, and the concept of libraries changed as they became more of a tool for colonization. Finally, in 1945, colonization was brought to an end, and the country was liberated, but hardship struck with the Korean War that followed soon after. However, with the growth of the economy and the expansion of democracy, libraries have been endlessly changing and advancing to support the growth of citizens, the real...
  • VOL.40 / 2021.11
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The Current State of Subscription-Based Services of Korea’s Published Content

Publishing Industry   The Current State of Subscription-Based Services of Korea’s Published Content   2021.10.05   Mobile phones provide convenience as they can be used to write or read while on the move. There have been quite a lot of changes in how books, music, movies, dramas, games, and other content are created and consumed. There has also been an increase in the different types of content distribution models that use a variety of smart devices and social network systems. The major examples of this would be short-form content, which you can use for a short period, and subscriptions for sale, through which you can have unlimited access to content depending on the subscription period. The content industry is quickly transferring from a generation of “owning” to “consuming” worldwide. With the rapid increase of consumers of many contents due to the COVID-19 pandemic, renting content and subscribing to content has successfully settled as popular mass cont...
  • VOL.39 / 2021.10
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Facilitation of Sub-rights and Their Markets

Publishing Industry   Facilitation of Sub-rights and Their Markets Plays, Films, Merchandising Goods, Etc.   2021.09.06   As Korea’s soft power expands, more people in the world are taking an interest in Korean culture. The best leaders of Korea’s soft power are BTS, director Bong Joon-Ho who has presented various movies including “Parasite,” and actress Youn Yuh-Jung’s achievement through the movie “Minari.” The values of Korean pop culture are growing, and many people worldwide are sharing Korean culture. Such a phenomenon implies that the opportunities and spaces for sharing Korean culture worldwide develop simultaneously at a rapid pace. It was, therefore, a natural result that people began to pay more attention to Korean publishing content – the source of the OSMU (once source, multi-use) – in addition to the phenomenon. All this means that it has become a reality that the number of different usage cases of sub-rights based on Korean publication c...
  • VOL.38 / 2021.09
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Book Funds and Publication

Book Funds and Publication   2021.07.05   From support and cooperation to investment and profit   It is impossible to trace the origin of book funds. They would have existed from the infancy stage of the publishing industry as one of the various ways of publication. Certain stories could be deemed good stories necessary for the world, but for them to be published in the market as a product called books, you need capital. Funds might have been used as a means to raise money. Indeed, the nature of funds in the past would have been closer to support and cooperation (of course, I cannot look into what those fund-raisers had in mind), whereas funds today are more focused on investment and profit-sharing (people might have different thoughts as well but most of the funds I participate in are supportive and cooperative).In the Korean publishing industry, book funds only account for a small proportion, both in terms of attempts and size of investments. It was the early 21st cent...
  • VOL.36 / 2021.07
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