K-Book Trends -

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[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]

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

[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑪ Educational Publications (textbooks/reference books/home-study materials)

Current status of each field in the Korean publishing market ⑪ Educational Publications (textbooks/reference books/home-study materials) 2020.12.07 This volume will discuss the publishing industry's status in Korea related to schools' educational curriculums (curricula) from elementary to high school. In schools' academic curriculums, textbooks are designated as the basic material, and reference books and home-study materials are used as much as textbooks as customized media to raise students' level in learning. Educational publications for students in elementary, middle, and high schools in Korea, globally known for its high passion for education, have been the central foundation for general education in Korea. Furthermore, they take an overwhelming proportion in the publishing market, implying that they are also beginning to take the center of bookstore operations.According to the Korean Educational Statistics Service (KEDI) of the Korean gover...

VOL.29 / 2020.12

[INFORMATION / BEST SELLERS]

2nd Week, July 2024

Best Sellers 2nd Week, July 2024 Best seller Trends in the Four Biggest Online Bookstores in Korea 2024.08.05 It’s July, which means the rainy season has begun in Korea. As people spend more time indoors than out due to the heavy rains, books to organize their thoughts, books to read for relaxation, and textbooks to prepare for various exams topped the best seller lists. In terms of genres, the humanities and young adult sectors were dominant, signaling a trend influenced by vacations and school breaks.Despite all this, the No. 1 best seller was A Very Personal Thought on His Destiny by Rhyu Si-Min, featuring the author’s sharp observations as a political critic. Although it deals with a rather sensitive topic, it offers a deep and wide view of the contexts beyond the status quo, demonstrating the high level of political criticism that has reached its essence. The No. 2 and No. 8 on the best seller list were books for young adults. At No. ...

VOL.73 / 2024.08

[INFORMATION / #K-BOOK]

#Sea

#K-Book #Sea KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2024.08.05 A MARITIME HISTORY 1. Publication Details Title | A MARITIME HISTORYSubtitle | Humanity’s Great JourneyAuthor | Jou KyungChulPublisher | Humanist Publishing Group Inc.Publication Date | 2022-01-24ISBN | 9791160807844No. of pages | 976Dimensions | 140 * 210 2. Book Intro Reinterpreting the entire human journey from prehistoric times to the near future from the perspective of the sea, this book reveals aspects of human history that cannot be covered from the point of view of continental civilization alone. It infinitely expands our landlocked gaze through the understanding of “maritime mankind” who spread out over the sea, lived by the sea, and fought on the sea.History so far has focused too much on continental and agricultural civilizations. Was the ocean, which covers 71% of the Earth’s surface...

VOL.73 / 2024.08

[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]

Current status of each field in the Korean publishing market ⑨ Publication of Comics and Art

Current status of each field in the Korean publishing market ⑨ Publication of Comics and Art 2020.10.05 The prominent characteristics of publications in the fields of comics and art are strong visual elements, imagination, and artistic messages embedded within. The traditional landscape of comics publications in Korea has significantly changed due to the evolution of ICT technologies and smartphones. Yet, webcomics (online comics) have noticeably risen above the surface and taken the center of comics distribution. However, fine comics that gained popularity on the webcomics platform and have gotten their artistic value recognized are often officially published as paper comics. Books in the art field come in different genres and types, ranging from academic books for fine art, design, music, plays, movies, and fashion, to popular practical books such as a guide for exams and coloring books as a pastime activity. Comics and art publications are usuall...

VOL.27 / 2020.10

[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑧ Publication of practical books for social activities

Current status of each field in the Korean publishing market ⑧ Publication of practical books for social activities 2020.09.07 Among practical books that provide knowledge and information useful for daily life, those excluding “practical books for home” including areas such as child nurturing, cooking, healthcare, and hobbies were categorized as “practical books for social activities.” From the broader perspective, this category can include several publication genres such as economy & business administration (K-Book Trends Vol. 22), self-development (K-Book Trends Vol. 24), and others useful for carrying out social activities. This month, we would like to take a deeper look at foreign language and travel books, concentrating on the narrow spectrum of “practical books for social activities.” According to the sales statistics of Kyobo Bookstore, a representative bookstore both online and offline in Korea, foreign language books accounted for ab...

VOL.26 / 2020.09

[INFORMATION / BEST SELLERS]

2nd Week, June 2024

Best Sellers 2nd Week, June 2024 Best seller Trends in the Four Biggest Online Bookstores in Korea 2024.07.01 As the heat arrived earlier than usual, the second week of June saw the emergence of several great books to read. Ranked 9th on the list is Two People’s International, a short story collection by Kim Ki-Tae, winner of the 2024 Young Writer Award. The title story has gone viral on social media, becoming the 3rd most viewed story in the history of Munjang Webzine, drawing significant attention to the collection. Meanwhile, the script book set for the popular drama “Lovely Runner” secured the 3rd spot, highlighting how TV popularity can translate into book sales. The series’ success was evident as the Lovely Runner script Book Set quickly hit the best seller list with a substantial number of pre-orders. * K-Book Trends Vol. 62 ? See books recommended by writer Kim Ki-Tae The No. 9 non-fiction book, At the Age of 50, I Decided to Live ...

VOL.72 / 2024.07

VOL.96/2026.07

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