K-Book Trends -

Search word : "Future", Search result : 418

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Publishing Industry Book Pricing Strategies in Korea 2023.07.03 Average list price of books sold in 2022 was 17,869 Korean won In Korea, books are usually sold at a fixed price. It’s because the “fixed book price policy” is implemented as the book price policy in accordance with the Publishing Industry Promotion Act. According to the Korean Publishers Association’s statistics, the average fixed price of books in Korea in 2022 was 17,869 won, 4.4% up from the previous year (17,116 won). This isn’t a sharp increase considering the international pulp prices and domestic labor costs that have been driving prices up in recent years because publishers sell books at a “competitive price” as they fiercely compete with multiple titles in the market.In the Korean publishing market, the hardback, paper...

VOL.60 / 2023.07

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“PDF/POD” - Korean Publishing Market Develop into Diverse Formats

Publishing Industry “PDF/POD” - Korean Publishing MarketDevelop into Diverse Formats 2023.02.20 The interesting promotional text of a self-published e-book, How to Write a Profit Generating E-Book, by writer Yoo Sung-Woo says, “The secret to earning 500 million won with a 10-page PDF e-book” on the page of a crowdfunding platform Wadiz. The book successfully raised hundreds of million won of funding. Before the book was introduced to Wadiz, it was released on freelancer matching platforms, like Kmong, Taling, and Class 101, accumulating more than 500 million won in revenue. Though the book was not officially published in the market, and considering that selling 10,000 copies of a book was regarded as half of a success in the prolonged recession for publishers, an individual book recording such revenue was unprecedented. An increasing number of people collect and sell thei...

VOL.55 / 2023.02

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Arts Council Korea’s Munhak Nanum Book Distribution Project

Publishing Policy Arts Council Korea’s Munhak Nanum Book Distribution Project 2023.02.20 Leading the development of the publishing market and promoting reading culture: Munhak Nanum Book Distribution Project The Munhak Nanum Book Distribution Project, organized by Arts Council Korea, has been putting the utmost effort into promoting publishing culture and reading opportunities by selecting and distributing excellent literary books. Among a total of 6 categories – poetry, fiction, non-fiction, review, play, children/young adult, and literature, the project selects and supports first-edition literary books (non-co-written) published within the specified period! About 500 titles are chosen each year, then distributed to various organizations such as libraries, local cultural centers, and social welfare facilities! Selection Criteria • Creativeness an...

VOL.55 / 2023.02

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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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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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Seoul Book Institute (SBI)

Publishing Policy Seoul Book Institute (SBI) 2022.06.07 A learning space for publishers in Korea where dreams come true - SBI(Seoul Book Institute)Seoul Book Institute (SBI) is the representative training organization in Korea that has been cultivating bookmakers. From to-be publishers who dream of becoming professional publishers, to those in the publishing industry who want to upgrade their publishing capacity.SBI, which produced its first graduates in 2006, has been strengthening the capacity of the Korean publishing industry by supporting 750 new publishers and around 14,000 existing publishers up to date. The curriculum at SBI, 2022Planning for publishing/Editing for publishing/Marketing for publishing/Design for publishing/Manufacturing for publishing/E-books/Business SBI runs various training courses necessary to become a publishing expert.We also put the mai...

VOL.47 / 2022.06

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Korean Book Publishers Eye Webnovels and Webtoons

Publishing Industry Korean Book Publishers Eye Webnovels and Webtoons Why is Dasan Books starting an entertainment business? 2022.04.04 With the global mega-hit of “Squid Game” on Netflix in 2021, the world began to take a greater interest in Korean content. Other webtoon-based dramas, including “Hellbound” and “We Are All Dead,” are seeing good records as well, and Korean webtoon platforms such as Piccoma, Line Manga, and Tapas are rapidly growing in the global market. Now webtoons are rising as the next driver of Korean content, or K-content, which has been represented by K-pop.Korean book publishers are also greatly interested in webtoons and webnovels. General publishers such as Woongjin Thinkbig, Dasan Books, and Wisdom House have shown a clear movement in this regard. It also seems that those that have not yet started a relevant business are paying heed to the webnovel and webtoon business, the newly emerging field in the content industry. ...

VOL.45 / 2022.04

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The Era of the Metaverse: Will It Allow Authors and the Publishing Industry to Coexist?

Publishing Industry The Era of the Metaverse:Will It Allow Authors and the Publishing Industry to Coexist? 2022.03.07 * Metaverse: Metaverse is a term consisting of “meta,” meaning “virtual” and “transcendent,” and “universe,” meaning space. It refers to a three-dimensional virtual world where social, economic, and cultural activities take place just like reality. * NFT: Meaning “Non-Fungible Token,” NFT refers to a token that represents rare digital assets. Transition to an era where we can own a famous writer’s poem On June 5, 2021, the third poem collection Rat and Oyster (Hyundae Munhak) of writer Bae Soo-Yeon was published in the form of an NFT, sold at 2.94 Ethereum on Opensea, an online NFT marketplace. The momentary currency of 2.94 Ethereum was approximately 9 million won, which today costs about 10 million. If we think that a poem col...

VOL.44 / 2022.03

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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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