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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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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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Achievements of the “One City, One Book” Movement

Publishing Industry   Achievements of the “One City, One Book” Movement   2022.10.04   Seosan-si selected and nominated Uncanny Convenience Store (Namu Bench) for the general public and A Child Who Climbed over a Wall (BIR) for children as books to read together during the “2022 Pan-Citizen One City, One Book Movement: The Book of the Year Proclamation Ceremony” held in the city hall’s situation room on Aug 10, 2022. In April, citizens of Seosan-si recommended a total of 54 books. The library’s steering committee reviewed the books, and two were nominated as the “Book of The Year.”The book Uncanny Convenience Store is a piece that depicts the joys and sorrows of our neighbors living in this harsh era from a warm and humorous perspective. The novel has a small convenience store on the corner of an alley as its background. Meanwhile, this year’s children’s book was A Child Who Climbed over a Wall, which gives its readers the strength and c...
  • VOL.51 / 2022.10
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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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Trends in the Publishing Market in the First Half of 2022

Publishing Industry   Trends in the Publishing Market in the First Half of 2022   2022.08.01   People are still reeling from the aftermath of the COVID-19 pandemic, which has swept the world over the past three years. Korea has been rapidly taking actions to return people’s daily lives to how they were before the pandemic. Such efforts can be seen through major terms commonly used in news outlets, such as “endemic” and “post-COVID.” Also, in early June, the Seoul International Book Fair was held at COEX on a large scale after a three-year absence, attracting approximately 100 thousand visitors. What’s more, lectures and autograph signing events of writers that had halted due to the social distancing policy have begun to take place again. It also seems that publications, book sales, and book-related programs are beginning to revitalize.Books related to “endemic” include From Pandemic to Endemic (Dongasia Books), written by researchers at the Institute for ...
  • VOL.49 / 2022.08
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Various Book Festivals in Korea

Publishing Policy   Various Book Festivals in Korea   2022.07.04                           Love for books flows into festivals - Various Book Festivals in Korea“Turning crisis into opportunity.” Here are a few of the book festivals that take place in Korea that underwent a complete transformation after COVID!   #Seoul International Book Fair (SIBF)_Where authors and readers meet around books✓ New technologies and information related to publishing✓ An exchange hub for both Korean and foreign copyrights✓ sibf.or.kr/2022✓ +82-2-733-8402   #Paju Booksori_A book festival held in Paju, the city of culture and art✓ The biggest knowledge festival in Korea✓ Set to be held in October 2022✓ pajubooksori.kr✓ +82-31-940-4721   #Seoul Wow Book Festival_A festival for all ages held in front of Hongik University✓ A festival of books, culture, and art centered on readers✓ Set to be...
  • VOL.48 / 2022.07
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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
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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
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The Current State of Subscription-Based Services of Korea’s Published Content

Publishing Industry   The Current State of Subscription-Based Services of Korea’s Published Content   2021.10.05   Mobile phones provide convenience as they can be used to write or read while on the move. There have been quite a lot of changes in how books, music, movies, dramas, games, and other content are created and consumed. There has also been an increase in the different types of content distribution models that use a variety of smart devices and social network systems. The major examples of this would be short-form content, which you can use for a short period, and subscriptions for sale, through which you can have unlimited access to content depending on the subscription period. The content industry is quickly transferring from a generation of “owning” to “consuming” worldwide. With the rapid increase of consumers of many contents due to the COVID-19 pandemic, renting content and subscribing to content has successfully settled as popular mass cont...
  • VOL.39 / 2021.10
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Audiobooks: Issues and Future Developments

Audiobooks: Issues and Future Developments   2021.05.03     Recent issues surrounding audiobooks   The voice service provided in announcements, news reading services, or e-book devices uses TTS (Text-to-Speech) technology that converts written letters into sound. As it has no accent and cuts the sentence in weird places, we have to track what it said while listening to the voice. Recently, as more people read books while traveling, e-books are transforming into audiobooks. Most people wish to hear a human’s voice when listening to one. The audiobook market is growing rapidly, but the production time, cost, and technological limitations have been slowing progress down. However, as the A.I. (artificial intelligence) voice synthesis technology is now being applied where it can process natural language, synthesize voices, and recognize the context, listeners can feel as if a real voice actor or actress is reading the story. If this technology becomes capable of expres...
  • VOL.34 / 2021.05
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