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[TREND / KNOWLEDGE]

Korea’s Audiobook Industry Ready to Fly in 2021

Korea’s Audiobook Industry Ready to Fly in 2021 The ongoing rapid evolution and development of the audiobook industry in Korea   2021.03.08     The most striking news in the new year was Influential, the operating company of an audiobook service platform ‘welaaa’, succeeding in winning 25 billion won worth of Series C sole investment from UTC Investment. This is after another mega-investment in 2020, where it attracted 13.5 billion won worth of Series B investment. Such a fast and massive investment implies that the future of the audiobook industry in Korea is rosy indeed. The domestic e-book industry says that the audiobook market's size has reached 30 billion won in 2020 and is likely to hit 60 billion won in 2021, which is nearly double the size. The audiobook market in Korea was formed in the early 2000s, but its size was trivial, with 10 billion won worth volume even until 2018. Given that situation, it is worth paying attention to the movement th...
  • VOL.32 / 2021.03
[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
[INFORMATION / BEST SELLERS]

2nd Week, August 2024

Best Sellers   2nd Week, August 2024 Best seller Trends in the Three Biggest Online Bookstores in Korea   2024.09.02   The unprecedented heatwave and tropical nights have led readers to take a break from the heat by reading books of all genres. It seems that they found books to be a great way to soothe their exhausted bodies and minds. In the second week of August, the best selling titles were spread across a wide range of genres, including fiction, humanities, business, and foreign languages.To begin with, A Few Words of Encouragement for You by Kim Jong-Won continued to rank high following last month, as teenagers spent their vacation immersed in reading and growing up. The book, a philosophical essay on how to move past puberty, a common life rite of passage, and into adulthood, offers a chance for introspection and growth. Coming in at No. 4, Three-minute Philosophy in Cartoons is an easy-to-understand, cartoon take on philosophy that’s great...
  • VOL.74 / 2024.09
[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
[INFORMATION / AGENCY LIST]

Agency list

Agency List   Agency list   2024.09.02   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 : +82-2-707-21...
  • VOL.74 / 2024.09
[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
[INFORMATION / NEW BOOKS]

Your Future Does Not Auto-generate

New Books   Your Future Does Not Auto-generate   2024.08.05                       A guide to life in the post-AI era: Your Future Does Not Auto-generate   The world is rapidly transforming and those without knowledge of AI will be left behind… What diagnosis would a cultural physicist make, as a specialist in the future of science and culture shaped by human creativity?Cultural physicist Park Ju-Yong, the author of Your Future Does Not Auto-generate, claims that human creativity is just as important in the post-AI era.   From how to record Beethoven’s symphonies as a sound source to the perspective from the Renaissance period, and to the history of reproduction techniques used in computer graphics for the “Avengers” series, There have always been “elegant connections” and “crossing boundaries” based on creativity in moments of innovation.   “The future does not create its...
  • VOL.73 / 2024.08
[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
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