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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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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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Collaboration of Reading Class at School and the Publishing Industry

Publishing Industry   Collaboration of Reading Class at Schooland the Publishing Industry The Impact of the "Reading One Book in a Semester" Program   2022.02.14   Before discussing Korean schools' reading education, “Reading One Book in a Semester” should come first. The program “Reading a Book in a Semester” is an educational method in the National Curriculum Revised in 2015. It is about reading a book a semester during Korean classes. This methodology was first applied to 3rd and 4th graders of elementary school and first-year students in middle and high school in 2018. From 2020, it was expanded to students from grades 3 to 12.Generally, “Reading One Book in a Semester” is conducted in around 12 to 17 classes per semester for Korean courses. Time for reading and relevant activities are included during the regular curriculum. Reading the same book in a group of 4 or 5 is the most common activity. Reading books in different ways comes next. Sometimes the ...
  • VOL.43 / 2022.02
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Korean Publishing Industry's Crisis and Its Future

Publishing Industry   Korean Publishing Industry's Crisis and Its Future   2022.01.03   The Korean publishing industry seems to be facing one of its biggest crises as the new year 2022 approaches. Last year, Korea's 2nd largest book wholesale distributor, Interpark Songin, proceeded with insolvency, and the 3rd largest bookstore Bandi & Luni's (Seoul Book Center), is to be under corporate rehabilitation. Seoul Book Center was expected to go through the procedure considering its unhealthy financial status. Nevertheless, the expectation being realized brought chaos to many partnered publishing companies. From a macro view, how should we interpret the situation faced by the publishing industry? Before we think about the current situation, let's see how big players Interpark Songin and Seoul Book Center came to crumble.   Interpark Songin and Bandi & Luni's news stirred many publishing companies.   June 2020, Korea's 2nd largest book whole...
  • VOL.42 / 2022.01
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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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The Current State of Korea’s Libraries and Their Relation to the Publishing Industry

Publishing Industry   The Current State of Korea’s Libraries and TheirRelation to the Publishing Industry   2021.11.01     Libraries have been around for a very long time in Korea, but the same cannot be said for libraries that fall under the modern definition. Pioneers who wanted to establish a new country as the late 19th century Joseon Dynasty passed, followed by the early 20th century Korean Empire, had the goal of establishing libraries under the modern concept. However, due to the arrival of Japanese colonization, they could not achieve the goal, and the concept of libraries changed as they became more of a tool for colonization. Finally, in 1945, colonization was brought to an end, and the country was liberated, but hardship struck with the Korean War that followed soon after. However, with the growth of the economy and the expansion of democracy, libraries have been endlessly changing and advancing to support the growth of citizens, the real...
  • VOL.40 / 2021.11
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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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