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[TREND / KNOWLEDGE]

K-Book Promotion and Exchange Event

Publishing Policy   K-Book Promotion and Exchange Event   2022.01.03                       The K-Book Promotion and Exchange Event was held in 12 Cultural Centers and 2 Culture and Information Officers to spread the values of Korean books and boost public awareness.   The Korean Cultural Center in Hong Kong ran a Korean booth at the “2021 Hong Kong Book Fair,” the biggest fair in Hong Kong, promoting outstanding Korean books and culture.Also, the Korean Cultural Center in Turkey screened the animation “The Hen Who Dreamed She Could Fly” and hosted a Meet & Greet session with writer Hwang Sun-Mi.The Korean Cultural Center in South Africa held a K-Book Book Fair inside the center.The Korean Cultural Center in Sweden opened an exhibition of picture books, illustrations, and videos, with the theme “Konst för Barn - Art as a form of children’s b...
  • VOL.42 / 2022.01
[TREND / KNOWLEDGE]

Literary Awards of Korea

Publishing Policy   Literary Awards of Korea   2021.11.01                             We introduce the major literary awards and award winners that will become sales points for exporting publication rights abroad.     Adult Literature Awards:   Today’s Writer AwardSince 1977, Today’s Writer Award has been providing a wider range of opportunities to younger writers as it is given to the debut publications of writers of Korean novels. • Recent Award Winners: 2020. You-won by Baek On-Yu (Changbi Publishers) 2019. If We Cannot Move at the Speed of Light by Kim Cho-Yeop (EAST-ASIA Publishing Co.) and Juliana Tokyo by Han Jung-Hyun (swimmingkul)   Daesan Literary AwardThe most significant Korean literary award is given to works of literature published within...
  • VOL.40 / 2021.11
[TREND / KNOWLEDGE]

Facilitation of Sub-rights and Their Markets

Publishing Industry   Facilitation of Sub-rights and Their Markets Plays, Films, Merchandising Goods, Etc.   2021.09.06   As Korea’s soft power expands, more people in the world are taking an interest in Korean culture. The best leaders of Korea’s soft power are BTS, director Bong Joon-Ho who has presented various movies including “Parasite,” and actress Youn Yuh-Jung’s achievement through the movie “Minari.” The values of Korean pop culture are growing, and many people worldwide are sharing Korean culture. Such a phenomenon implies that the opportunities and spaces for sharing Korean culture worldwide develop simultaneously at a rapid pace. It was, therefore, a natural result that people began to pay more attention to Korean publishing content – the source of the OSMU (once source, multi-use) – in addition to the phenomenon. All this means that it has become a reality that the number of different usage cases of sub-rights based on Korean publication c...
  • VOL.38 / 2021.09
[TREND / KNOWLEDGE]

The Rise of Literary Agencies

The Rise of Literary Agencies   2021.06.07   There are not many literary agencies in Korea. Most of the publishers prefer working directly with authors over cooperating with agencies. It was common for publishers to think that it is safer to pay more of an advance to overseas writers who have already finished writing their manuscript or are expected to finish them soon rather than domestic writers who have not yet completed their manuscript.The most significant characteristic of the Korean publishing industry would be “diversity.” The system in which up to 6 thousand small- and medium-sized publishers make more than 80 thousand physical titles each year has greatly diversified the types of books published in Korea, but the limited average sales of each title was an expected outcome. In such an environment, it is difficult to invest a sufficient amount of development fee for each title. Hence, even though the literary agent succeeded in discovering fine manuscripts or o...
  • VOL.35 / 2021.06
[TREND / KNOWLEDGE]

K-Book Promotion Grants Offered by KPIPA & LTI

K-Book Promotion Grants Offered by KPIPA & LTI   2021.04.05                             The Publication Industry Promotion Agency of Korea (KPIPA) and the Literature Translation Institute of Korea (LTI) are providing grants for K-Book promoters!Check out! KPIPA’s Export Community & the LTI’s nternational Exchange Program and PR & Marketing Grants for Overseas PublishersFor those aiming to spread out Korean literature into the world, here’s your chance to receive grants for:Various domestic & international events, the establishment of an online platform, promotional marketing, and more!   #Eligible Parties- Export Community : Organizations that host events to promote Korea’s publishing content in overseas markets- International Exchange Program : Event hosts, agencies, and individuals that hold events such as literary festivals, including ove...
  • VOL.33 / 2021.04
[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
[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 / INFO]

2024 Overseas Publication Grants: Guidance for Applicants

Info   2024 Overseas Publication Grants: Guidance for Applicants   2024.05.07   KPIPA provides Overseas Publication Grants for the overseas publishers who have imported or are planning to import Korean publication copyrights.   Overview of grants   •  Qualification:  Overseas publishers who have imported or are planning to import Korean publication copyrights -  Books that have been published or are to be published in local markets, beginning November 1st, 2023 to October 31th, 2024 -  Such books must be published in the time period and be submitted to the Publication Industry Promotion Agency of Korea (“KPIPA”) by November 11th, 2024 (Monday) -  Publishers can apply up to only 5 titles maximum •  Scope of selection:  Around 50 books will be selected, and grants ...
  • VOL.70 / 2024.05
[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
[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
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