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Translation and Publication Support Projects in Korea

Publishing Policy   Translation and Publication Support Projects in Korea   2023.07.03                       Good news for international publishers planning to translate and publish Korean books! - Translation and Publication Support Projects in Korea   Various institutions in Korea have been running translation and publication projects to support international publishers planning to publish Korean books with an aim to promote Korean books to overseas markets.   Literature Translation Institute of Korea (LTI) - 〈Translation and Publication Grants for Overseas Publishers〉 LTI provide grants for translation and publication of Korean books to extend the global reach of Korean literature. • Eligible Applicants: Overseas publishers that have acquired the rights to Korean literary, humanities,...
  • VOL.60 / 2023.07
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The Trend and Prospects of the Self-help Book Market in Korea

Publishing Industry   The Trend and Prospects of the Self-help Book Market in Korea   2023.06.05         The popularity of self-help books rises and falls regularly. Self-help books are currently the cradle of bestsellers in the publishing industry. And, as they can work like a magnet pulling readers to the bookstore once they go popular, it is no exaggeration to say that the genre can determine a bookstore’s sales for the year.The current self-help book craze began to heat up in the second half of last year in Korea, and it reached its peak this year. Unlike in the past, the trend these days was fueled by the recession that has made life more difficult. “As getting rich through financial investment has become impossible in this life, I’d rather raise my value through self-improvement” This phrase has become a buzzwor...
  • VOL.59 / 2023.06
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2023 K-Book Copyright Market & Seoul International Book Fair

Publishing Policy   2023 K-Book Copyright Market & Seoul International Book Fair   2023.05.02                       June is a perfect season to read books! We introduce you to places where various Korean books gather!In June 2023, the K-Book Copyright Market and the Seoul International Book Fair (SIBF) will be held, where you can meet various Korean publishing content!   The K-Book Copyright Market hosted by the Publication Industry Promotion Agency of Korea (KPIPA), is a B2B consultation event that paves the way for the global exchange of publications and promotes Korean publishing content on the global market.We invite international publishing houses and agencies to Korea, and hold various events such as 1:1 business matchmaking, exchange programs, and consulting programs!   Overview of the 2023 K-Book Copyright MarketPe...
  • VOL.58 / 2023.05
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Domestic Video Content Originating from Literature

Publishing Industry   Domestic Video Content Originating from Literature   2023.04.03         We are living in an era of stories. In the 21st century, humans, who have evolved through tales, start their lives in stories, experience mood changes like a roller coaster, and consume numerous stories based on how they feel and what they like. Global OTT dominates our pastime these days. Netflix, the world’s largest OTT platform, has 220 million paid subscribers. One noticeable fact is that more than 60% of paid subscribers of Netflix in 2022 watched at least one Korean content, which proves the prowess of Korean products. Netflix released this year’s lineup, and there are a whopping 28 pieces from Korea, starting with its original series, “The Glory.” Netflix seems to be invested in Korean content after gaining 1 trillion ...
  • VOL.57 / 2023.04
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How are Regional Publishers in Korea Thriving?

Publishing Industry   How are Regional Publishers in Korea Thriving? Cooperation of local publishers seen through the Somewhere, Someone series   2023.03.13         I’m living in a village by the ocean in Goseong County, Gangwon-do Province. The first thing I do in the morning is take a walk on the shore in front of the village with my dog. Once I reach the shore, I take off the leash for him to move around freely, and check orders from bookstores on a number of applications. Sometimes, I sit in a corner, enter the logistics website, and start my morning work. Spending 3-4 minutes typing in the number of books and the name of the warehouse for the day is the most important task. Then, I put my dog back on the leash again, and head home.This was a dream 10 years back. Back then, the facsimile in one corner of the publishi...
  • VOL.56 / 2023.03
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New Approaches to Education in the Korean Publishing Industry

Publishing Industry   New Approaches to Education in the Korean Publishing Industry “It will work out somehow, as we’ve started!”   2023.01.02   The Foundation of the Book Publishing Industry in Korea   There are a great many publishing houses in Korea. The number exceeds 70 thousand or falls to 2 thousand depending on how you approach the term “publishing.” Either way, the number is still quite a lot. The reason for this is that Korea has a very simple procedure for setting up a publishing company. All you have to do is declare your company type as “publishing” when registering it. As of the end of last year, the number of firms that reported their type as “publishing” to the Ministry of Culture, Sports, and Tourism was 71,319, including newspaper and magazine publishers. Among them, 2,026 were “general book publishers (paper media publishing).”1) The number increased to 2,7112) in the report issued in 2019. Also, the Publish...
  • VOL.54 / 2023.01
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Current Employment Status in the Korean Publication Industry

Publishing Industry   Current Employment Status in the Korean Publication Industry   2022.12.05   The “2020 Content Industry Statistics (2022.3.)” report published by the Ministry of Culture, Sports, and Tourism provides various statistics from the status survey conducted in 2021 on the overall content industry. With the latest statistics available today, it is the only document that shows the current situation of the publishing industry in figures, including statistics about the Korean publishing industry.   About 185,000 people are employed throughout the publishing industry, including newspapers and printing   The report shows that the number of employees in the publishing industry reached 185,444 in 2020, which is a 0.5% increase from 184,554 in 2018. This figure covers all publishing-related fields, such as publishing, printing, wholesaling, retailing, online distribution, and renting. To look at the publishing industry in more detail, this numbe...
  • VOL.53 / 2022.12
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MCST Announces the 2022-2026 Publishing Industry Promotion Plan

Publishing Industry   MCST Announces the 2022-2026 PublishingIndustry Promotion Plan Fostering K-Culture through Books and Building a Cultural Powerhouse through Publishing   2022.11.07   “Books” are the core content that has been with humanity for a long period of time. However, the domain of each type of content and the boundary between them have become unclear these days. Today, publishers are not just coming up with publishable content, but are expanding their business into e-books and audiobooks, not to mention other cultural fields such as the film, game, and music industries. As such, the publishing industry takes on different content-based roles, crossing the traditional frontier of “print books.”However, unlike the diversified channels for publishing content, readership is falling every year. People now prefer video services like TV, YouTube, and Netflix rather than books. The average annual percentage of Koreans reading books is 47.5...
  • VOL.52 / 2022.11
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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
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Seen through Statistics: The Status of Offline Bookstores in Korea

Publishing Policy   Seen through Statistics:The Status of Offline Bookstores in Korea   2022.09.05                             Seen through statistics: The Status of Offline bookstores in Korea.* This article is based on the “2021 Publishing Industry Status Report (as of 2020)”, released by the Publication Industry Promotion Agency of Korea (KPIPA).   Sample design and valid responses (Unit: Per unit) Various materials were taken into account for the accurate analysis of primary data as well as for the representation and characteristics of the survey content. • Survey Population: 1,645 (Criterion: Businesses actually in operation) • Sample Design: 565 (Criterion: Businesses applied with sample distribution by size) • Distribution of Valid Cases: 432 ...
  • VOL.50 / 2022.09
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