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[TREND / KNOWLEDGE]

The Adoption of the Public Lending Right, Requiring the Agreement of All Parties in the Publishing Industry

Publishing Industry   The Adoption of the Public Lending Right,Requiring the Agreement of All Parties in the Publishing Industry   2022.09.05   An amendment of the Copyright Act proposed last April by a national assembly member of the Democratic Party of Korea, Kim Seung-Won, garnered the attention of stakeholders in the publishing industry. The amendment was about introducing the Public Lending Right (PLR) to Korea by amending the Copyright Act. The Public Lending Right is the right to be compensated for the expected loss of copyright by owners caused by book lending from libraries, and it is known as the PLR. Thirty-four EU member states adopted the right.   A photo of a public library (Photo taken by photographer Lee Eui Jong)     Copyright Act amendment gained much attention from the publishing industry’s stakeholders   The introduction of the PLR will have a wide range of...
  • VOL.50 / 2022.09
[TREND / KNOWLEDGE]

Types of Korean Magazines based on Keywords

Publishing Industry   Types of Korean Magazines based on Keywords   2022.05.02   "The child plays because it plays. Reason does not exist in its play. (The editor-in-chief of Magazine B Tiktok)." This is a quote from Heidegger. Unlike books, magazines are like amusement parks as it is hard to expect what will unfold in the following pages. That is why it is okay to replace the word magazine with play from Heidegger's quote. A brand magazine Magazine B quoted Heidegger. The gap is the fun in magazines. Magazines neutralize the differences and show the unexpected of the world unpredictably.I used to work at a weekly magazine publisher. Once, I heard the president of a magazine publisher say, "You refer to books the most as you write one." So, likewise, magazines are what you refer to as you write one.The ones who visit The Magazine Club, a magazine bookstore located in Hapjeong-dong, Mapo-gu, Seoul, are primarily editors. The co-founder of The Magaz...
  • VOL.46 / 2022.05
[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]

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
[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑫ Publications of Children’s Books/Teenage Books

Current status of each field in the Korean publishing market ⑫ Publications of Children’s Books/Teenage Books   2021.01.04       One of the most active publishing areas in almost any country is children’s books. Many of the children’s books in Korea (for preschoolers and elementary schoolers) have long been focused on education, learning, or cognitive development for its expected roles. However, they are undergoing evolution today as a tool for delivering necessary knowledge and wisdom for kids to actively cope with the world while nurturing their boundless imagination with entertaining elements. Meanwhile, the publishing market for teenagers, which is relatively smaller than children’s books in terms of titles and size, is growing its influence in the market with more various and absorbing topics, not to mention the facilitation of reading education conducted in schools. The teen market is breaking out of the narrow frame of a “generation stuck between child...
  • VOL.30 / 2021.01
[TREND / KNOWLEDGE]

Social media, or word-of-mouth marketing a must-have for one-person publishing companies

Social media, or word-of-mouth marketinga must-have for one-person publishing companies   2019.09.09   The publishing industry has turned downward as smartphones provide increasingly more means of entertainment, but on the other hand, there are those in the industry who are rejoicing thanks to the boons social media and mobile marketing have brought them. These would be one-person publishing companies, often referred to as the startups of the publishing industry.According to KPIPA, one-person publishers are small publishing companies that employ four or fewer workers. Usually at these establishments, the head of the company is in charge of planning, reach out efforts to authors, manuscript requests, editing, designing, binding, distribution, circulation and promoting - basically all the steps required to create and sell books. After the 2000s with the decline of reading rates and rise of the internet and smartphones, the growth of the publishing industry was blunted,...
  • VOL.15 / 2019.09
[INFORMATION / #K-BOOK]

#Sports

#K-Book   #Sports KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2024.09.02   Geography As Seen Through Sports 1. Publication Details   Title | Geography As Seen Through SportsAuthor | Choi JaeheePublisher | Humanist Publishing Group Inc.Publication Date | 2021-10-04ISBN | 9791160807141No. of pages | 216Dimensions | 135 * 200   2. Book Intro   This book looks at 15 different fields of sports such as soccer, surfing, rock climbing, paragliding, and marathons from the perspective of geography. Difficult concepts such as valley winds and temperature inversion layers are transformed into interesting stories through questions such as: “What kind of wind do we need for paragliders to fly higher and faster?” “How high can paragliders go?” The movements of the Earth’s crust during the Paleozoic Era were influential in forming Europe’s professional soccer league, while the Himalayan Alp...
  • VOL.74 / 2024.09
[TREND / KNOWLEDGE]

South Korea's Fixed Book Price Policy

South Korea's Fixed Book Price Policy   2019.08.05   Fixed book price policies are rules that set consumer prices for books at levels the publishers select. Countries where these policies exist, sell books at the same price anywhere you go. Instead of competition through prices at the commercial sale level, price competition takes place at the production stage between publishers, boosting the diversity of distribution channels and convenience of readers.The global publishing market is divided into countries that have fixed book prices and those that do not. English speaking countries like the United States, the United Kingdom, Canada and Australia, which all form one giant market do not have fixed book prices. Non-English-speaking advanced countries like Germany, France, Spain, the Netherlands and Japan all have fixed book prices. Those that do have this policy have diverse ways to enforce it. For example, in Germany and France, the governments have passed special laws for fi...
  • VOL.14 / 2019.08
[TREND / KNOWLEDGE]

A Diagnosis of South Korea's E-book Market Amid Subscription Competition

A Diagnosis of South Korea's E-book Market Amid Subscription Competition   2019.06.10   On May 9, the Korean Publishers Association held a seminar on current issues that affect the digital publishing industry called 'The Attack of Netflix, Fixed Price System for Books Challenged'. Participants at the seminar debated whether e-book subscription services and the fixed price system for books can co-exist in South Korea. Subscription services refer to online services where members can read an unlimited number of books online after paying low monthly fees, like Netflix. Meanwhile, South Korea's fixed price regulations for book sales prevent bookstores from lowering prices beyond what publishers demand in order to protect small-to-medium sized bookstores and publishers. With the rise of these monthly subscription services, worries have been growing they may shake up the entire fixed price system altogether.The seminar kicked off with an introduction from Chung Won-ok, a senior...
  • VOL.12 / 2019.06
[INFORMATION / NEW BOOKS]

We Won’t Leave the Earth

New Books   We Won’t Leave the Earth   2024.01.02                       We Won’t Leave the Earth - An action guide on how to make a difference in the age of climate crisis!   In July 2023, the UN Secretary General declared the end of “global warming.” We are now in the era of “global heating,” where the planet is not only warming, but burning.The Earth has become a dying planet with a severe climate crisis. Will we ever be left with no choice but to abandon Earth and move into space?   Ecofeminism Research Center “Moon and Tree” asks it this way: Is there any way to make the planet habitable again?   The writers suggest a game-changing idea for creating a planet where all life can coexist!It is “ecofeminism” - a combination of ecology and feminism.   The era of climate crisis has come due to capitalism, ...
  • VOL.66 / 2024.01
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