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[TREND / KNOWLEDGE]

Audiobooks in Korea: Users and Service Providers

Audiobooks in Korea: Users and Service Providers Service and Content Providers in Busy Days with Market’s Growing Interest in Audiobooks   2021.04.05     In the previous March edition, we talked about the audiobook industry's current status in Korea and its prospects in 2021. Consumers and service providers play a pivotal role in expanding the market and business opportunities. Furthermore, it is meaningful to witness how they interact with each other in the audiobook ecosystem contributes to the industry’s healthy growth and maturity. In this April’s edition, let’s find what behaviors audiobook consumers have shown to the market.   Recently-made audio content enabling interaction among provider and users, providing a new-level of “experience”.   As the pandemic is not showing any signs of abating, more people are enjoying audiobooks at home instead of going to bookstores or libraries. In the previous edition, we introduced how “Wela...
  • VOL.33 / 2021.04
[TREND / KNOWLEDGE]

Korea’s Audiobook Industry Ready to Fly in 2021

Korea’s Audiobook Industry Ready to Fly in 2021 The ongoing rapid evolution and development of the audiobook industry in Korea   2021.03.08     The most striking news in the new year was Influential, the operating company of an audiobook service platform ‘welaaa’, succeeding in winning 25 billion won worth of Series C sole investment from UTC Investment. This is after another mega-investment in 2020, where it attracted 13.5 billion won worth of Series B investment. Such a fast and massive investment implies that the future of the audiobook industry in Korea is rosy indeed. The domestic e-book industry says that the audiobook market's size has reached 30 billion won in 2020 and is likely to hit 60 billion won in 2021, which is nearly double the size. The audiobook market in Korea was formed in the early 2000s, but its size was trivial, with 10 billion won worth volume even until 2018. Given that situation, it is worth paying attention to the movement th...
  • VOL.32 / 2021.03
[TREND / KNOWLEDGE]

Major Affairs in Korean Publishing Policy in 2021

Major Affairs in Korean Publishing Policy in 2021   2021.03.08     Last year had been a particularly tough year for the Korean publishing industry due to several issues, including the COVID-19 pandemic, the bankruptcy of Interpark Song-in Books Corp., fixed book price policy, the Cloud Bread writer’s loss in a lawsuit, and several other incidents that violated the freedom of publishing. Various policies are also scheduled to change in 2021 including a revision of copyright law, which is expected to transform the publishing environment. While it is highly important to narrow down the difference in ideas and find a way for coexistence regarding cases that have many interests entangled in the publishing and cultural industry, it seems that such cases will take place quite often this year. This section covers significant affairs related to the law revision currently under discussion and publishing policies.   For cases where many interests are intertwined, it...
  • VOL.32 / 2021.03
[TREND / KNOWLEDGE]

The publications magazines of Korea

The publications magazines of Korea   2020.09.07                             The publications magazines of Korea   Do You Want to Get Recent News and Information on publishing in Korea?   The fastest way to hear stories from the Korean publishing industry and publishers!We would like to introduce to you Publication-specialized Korean magazines!   Unparalleled publications magazine of, and for Korean publishers!Planning Meeting, Korean Publishing Marketing Research InstituteThis bi-weekly magazine specialized in publications provides useful information, on-the-ground interviews of publishers, and stories with much to take away, delivering various news from the Korean publishing industry and setting the stage for new discussions.Subscription & Inquiry : www.kpm21.co.kr, +82-2-336-5675   Pursuing a healthy ecosystem of books as a leading publications magazine in Korea!Publishing J...
  • VOL.26 / 2020.09
[TREND / KNOWLEDGE]

South Korea's publishing market based on category

South Korea's publishing market based on category   2019.12.09   The biggest characteristic of South Korea's publishing industry is that the portion of books on education and learning for young children to students of all ages is very large. South Korea's college-attendance rate is roughly 70 percent, which is one of the highest among OECD countries. According to a 2016 survey by the Korea Research Institute for Vocational Education & Training (KRIVET), 47 percent of respondents said they went to college for a better job, 25 percent said they attended to learn more and 14 percent said they went to college because graduating from university would result in better treatment in society. South Korea has a dense population compared to the geographical territory it has and combined with Korean parents wanting to educate their children for their future stability, the situation has created a society where nearly all the people have received higher education. At the epitome of th...
  • VOL.18 / 2019.12
[TREND / KNOWLEDGE]

South Korea's Standard Publishing Contracts and Adaptation Rights

South Korea's Standard Publishing Contracts and Adaptation Rights   2019.08.05   The establishment of standard contracts by the Ministry of Culture, Sports and Tourism   Following the 'Cloud Bread Incident1)' of 2014, authorities in South Korea began mulling over fundamental issues regarding the working conditions of South Korean content creators. After this incident, the culture ministry created and distributed seven standard contracts for publishing after discussions with rights holders and publishers. The author of this piece, a member of the Korean Society of Authors, was also invited to offer opinions as part of the legislation taskforce for the standard contracts.The seven contracts from the culture ministry were per the following: right of publication, right of monopolistic publication, book publishing rights, exclusive publishing rights, publication rights and exclusive settings, transfer of intellectual property, and permission of work usage (use for outside Kor...
  • VOL.14 / 2019.08
[TREND / TOPIC]

Artificial Intelligence (AI) Use Cases in the Korean Publishing Market

Topic   [Publishing & AI] Artificial Intelligence (AI) Use Casesin the Korean Publishing Market   2023.12.04   At the 75th Frankfurt Book Fair in Germany this past October, a program dedicated to artificial intelligence (AI) was the center of attention. Stakeholders in the publishing industry, including writers, publishers, bookstores, and readers, have entered an era where books are being created and used in a completely different way. AI is shaking up the entire publishing industry. In particular, generative AI, such as ChatGPT and Midjourney, is rapidly being adopted in the process of writing and distributing books. At the same time, the industry is also facing new challenges, such as the need to prevent inappropriate use of AI. In the international publishing market, books written in whole or in part by generative AI are already popping up in online stores. In fact, Amazon’s Kindle e-book store has more than 1,000 titles listed.Since AI i...
  • VOL.65 / 2023.12
[INFORMATION / #K-BOOK]

#Food

#K-Book   #Food KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2023.08.07   Tasty Philosophy 1. Publication Details   Title | Tasty PhilosophySubtitle | Stories of Philosophy Found in Everyday DishesAuthor | Oh SuminPublisher | NEXUS Co., Ltd.Publication Date | 2019-12-06ISBN | 9791161658209No. of pages | 248Dimensions | 128 * 188   2. Copyright Contact   Name | Hyejin ChungEmail | copyright@nexusbook.comPhone | +82-2-330-5529   3. Book Intro   This book is a philosophy book that starts not with concepts, but with food. Watching bungeoppang (fish-shaped buns) being baked nice and brown, smelling the scent of Delimanjoo in the subway station, frying “backroom” chicken instead of ordering fried chicken… the writer discovered philosophical elements and wrote of philosophical concepts and philo...
  • VOL.61 / 2023.08
[INFORMATION / #K-BOOK]

#Life

#K-Book   #Life KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2023.07.03   Learning from Life 1, 2, 3 (Series) 1. Publication Details   Title | Learning from Life 1, 2, 3 (Series)Author | Yun Soyoung, Minjae ShinPublisher | Little Mountain Publishing Co.Publication Date | 2020-03-05ISBN | 9791155251287No. of pages | 248Dimensions | 173 * 230   2. Copyright Contact   Name | Jo JinryungEmail | littlemt2001ch@gmail.comPhone | +82-2-335-7365   3. Book Intro   The Learning from Life series studies three subjects - 'to be alive,' 'to learn,' and 'to live together' - through stories about various forms of life.On Earth, humans live together with a number of different forms of life. Each form of life has its own way of living, and nobody should carelessly damage its life. There is a need to develop a sens...
  • VOL.60 / 2023.07
[TREND / TOPIC]

The Current and Future Ecosystem of Published Comics

Topic   The Current and Future Ecosystem of Published Comics   2023.05.02   Fast-Growing Korean Webtoons   According to the Korea Creative Content Agency’s (KOCCA) “2022 Comics Industry White Paper,” Korea’s Webtoon market exceeded 1.6 trillion won in volume. It is the 4th largest In the world, following Japan (4.5 trillion won), China (1.8 trillion won), and the US (1.7 trillion won). Considering each country’s population, the Korean webtoon market is enormous. Korean webtoons show rapid share growth yearly in South East Asian countries, including Thailand and Indonesia, Japan, European countries, and North America. As of the 1st half of 2021, Kakao Japan’s Piccoma and Naver Line’s Line Manga took 70% of the digital comics share in Japan. Revenue of Piccoma was around 730 billion Won, and Line Manga’s (including e-book Japan) recorded about 800 billion Won (NEWSPIM, 2022.04.25.), competing to take the #1 place as a domestic webt...
  • VOL.58 / 2023.05
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