K-Book Trends -

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[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]

Korea’s Training Programs for Publishers Today and Tomorrow

Korea’s Training Programs for Publishers Today and Tomorrow 2021.02.08 1. The early establishment of educational organizations for cultivating talented publishers The paradigm surrounding planning, editing, producing, and marketing in the publishing market is changing with the rapid transformation of the publishing environment. With the coexistence of the old and modern trends in the market (e-books & paper books or audiobooks, analog & digital, and traditional media & smart media), “publishing” has become a key medium for developing and bridging new content. As we are living in the era of a cultural economy based on knowledge-intensive industries that create original content for the cultural content industry, cultivating talented publishers that are capable of understanding the attributes of content and consumers’ desires has become a key factor in developing the publishing industry. Considering this trend, the importance of train...

VOL.31 / 2021.02

[INFORMATION / BEST SELLERS]

2nd Week, April 2024

Best Sellers 2nd Week, April 2024 Best seller Trends in the Four Biggest Online Bookstores in Korea 2024.05.07 It is the 2nd week of April, when spring is in full swing, and two non-fiction titles with uplifting, heartwarming messages made the top 10 overall bestseller list. At No. 4, Don’t Need a Path of Flowers, My Life is a Flower is a book with sunshine-like sentences that embrace the latter part of life. It offers a rich emotional experience to readers by combining writings that encapsulate life’s wisdom with masterpieces that gain more love as time passes. Another book, A Circle is a Circle, Even if It’s Dented, by musician Kim Chang-Wan, who has left a profound mark on Korean pop culture, came in at No. 7. Featuring the letters he answered to listeners on his radio show as well as the opening lines he wrote himself, the book delivers lighthearted reassurance and the voice of a “real adult” from a musician that reaches across gene...

VOL.70 / 2024.05

[TREND / KNOWLEDGE]

Tax & Accounting Issues in Korea’s Publishing Industry

Tax & Accounting Issues in Korea’s Publishing Industry 2021.02.08 Recent trend in the Korean publishing market Looking at the overall trend in the history of the Korean publishing market, paper books had been taking the center for a long time. However, e-books or the “e-book market” emerged, and today, publishers are having a greater interest in exporting copyrights of publications. This phenomenon has led to reduced demand for physical facilities, spurring the establishment of single-person publishers and small-sized publishing companies. This article covers tax and accounting issues related to the publishing industry in Korea. Tax structure related to publishing in Korea The types of tax imposed on publishers running a business in Korea are as follows: 1. Value-Added Tax (VAT) Publishing companies are primarily VAT-exempt business entities. However, more publishers are expanding their business to selling products ...

VOL.31 / 2021.02

[INFORMATION / #K-BOOK]

#Tree

#K-Book #Tree KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2024.05.07 Urban Tree Friends 1. Publication Details Title | Urban Tree FriendsAuthor | Ko Gyu Hong, Choi KyungsikPublisher | DASANPH PUBLISHERS HOUSEPublication Date | 2019-04-25ISBN | 9788979381092No. of pages | 32Dimensions | 228 * 287 2. Book Intro This book tells the story of the trees, flowers, and grass that live around an apartment complex in an urban city. The trees that appear in the book are ones that can be found anywhere in Korea. Turning your eyes and getting to know the trees around you is about communicating with nature. Just by watching the trees around us for four seasons, we can be awakened to the preciousness of life and nature. Additionally, the illustrations of the trees around us by Choe Gyeongsik, done with pencil and watercolors, lets us feel the warmth of the nature.The author, Ko Gyu Hon...

VOL.70 / 2024.05

[TREND / KNOWLEDGE]

Overseas Publication Grants

Overseas Publication Grants Grants Awarded in 2020 2021.01.04 The Publication Industry Promotion Agency of Korea (KPIPA) has carried out the 〈Overseas Publication Grants 2020〉 to promote overseas advancement of Korean publications. The 〈Overseas Publication Grants 2020〉 has provided partial grants to overseas publishers who have published or are planning to publish Korean content under contract with Korean publishers. Criteria for assessment were quality of contents, marketability, and ability of the publisher. Different amounts of grants will be provided depending on the region (Europe, US, UK, China, Japan, etc.). Following is the grant-winning work of the 〈Overseas Publication Grants 2020〉. Coming Home Alone? Writer| Sky KimIllustrator | Jeong Soon HeePublisher | Sakyejul Publishing Ltd.Genre | Children’s bookTranslated Language | Traditional ChineseAwarded Publisher | Alvita Publishing Co., LtdISBN | 9789579125628 &...

VOL.30 / 2021.01

[INFORMATION / AGENCY LIST]

Agency list

Agency List Agency list 2024.05.07 Abba Communication Ltd. Launched as a translation and interpretation agency in 204, Abba Communication (Abba here after) now also acts as a copyright agency. Abba supports young Korean publishers who are aspiring to build experiences in moving on to the international market, providing consultation on the way until they become global. Abba’s special forte is its excellent professional team with expertise in re-writing and/or editing synopses and introductions into texts both competitive and persuasive. Other services Abba provides include translating original materials and creating promotional texts. Focused Subjects LiberalArts : Biography, Management, Negotiation Contacts • Kim jungsukE-mail : jskim@abbacomm.co.kr / Phone : +82-2-707-2103 / Regions : Asia, UK, USA • Han-gyul GoE-mail : abba@abbacomm.co.kr / Phone : +82-2-707-2103 / Regions : Asia, UK, USA ...

VOL.70 / 2024.05

[INFORMATION / BEST SELLERS]

2nd Week, March 2024

Best Sellers 2nd Week, March 2024 Bestseller Trends in the Four Biggest Online Bookstores in Korea 2024.04.01 March in Korea is the month that signals the arrival of spring and the start of a new school year. It is also a time for blooming flowers, new friends, and fun memories. The bestseller list is also filled with exciting new titles. For example, Gangster Grandmother in Hospital, the No.2 bestseller in the 2nd week of March, is an essay by Yang Yoo-Jin, a 1M creator named “Bbangthug,” filled with heartfelt stories. Even during its presale period, the book was enthusiastically welcomed by subscribers, taking it to the top of the bestseller list. In the book, she reveals that she is suffering from an incurable disease called lupus, yet she captures her daily life in a playful and lighthearted way, drawing expectations from readers.The No.8 book, From Good Sentence Structure to Punctuation!, is written by Lee Soo-Yeon, a teacher at the ...

VOL.69 / 2024.04

[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑩ Publication of Exam and College Books

Current status of each field in the Korean publishing market ⑩ Publication of Exam and College Books 2020.11.02 College students mainly seek exam and college books. As those books are for taking classes and getting a job, their demand is relatively stable. This is why there are several publishers that mainly publish books in these areas. According to the publications statistics announced by the Publication Industry Promotion Agency of Korea (KPIPA) in 2019, about 6.1% of the entire Korean publishers (16th among a total of 30 areas) produce exam books (for jobs, licenses, national exams, etc.), and 13.6% produced college books (4th among a total of 30 areas).Unlike the college book market which is in a downward trend, exam books for tests and company applications are witnessing a rise in both sales and the number of copies sold for the past 3 years. According to the sales statistics announced by Kyobo Bookstore - one of the representative on - and offline ...

VOL.28 / 2020.11

[TREND / KNOWLEDGE]

K-Book Copyright Fair Online

K-Book Copyright Fair Online Korean Books join the global market through an online fair amidst the coronavirus pandemic 2020.11.02 The Ministry of Culture, Sports, and Tourism and the Publication Industry Promotion Agency of Korea (KFIFA) are hosting the “K-Book Copyright Fair Online” from August 25th to December 11th at RYSE Autograph Collection Studio B (Yanghwa-ro, Mapo-gu) in Seoul. Comprehensive support from finding overseas publishers to consultations and follow-up contract management The Seoul Publishing Rights Fair where overseas publishers visit Korea and have business meetings over the copyright export of Korean books with Korean publishers (first held in 2018) is hosted this year with the name “K-Book Copyright Fair Online” to help the industry overcome the unprecedented COVID-19 crisis and seek export opportunities in the new publishing environment. To minimize the pressure on Korean publishers and to maximize export out...

VOL.28 / 2020.11

VOL.70/2024.05

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