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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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Publishers’ Book Clubs

Publishing Policy   Publishers’ Book Clubs   2022.11.07                     Where the hearts of book lovers gather: Publishers’ Book Clubs   Book clubs are a paid service run by publishers to offer a high-quality reading environment to readers. At book clubs, you can: ? Read books and share opinions with various people ? Find a hidden story in the book that you read ? Purchase merchandise related to the books you read   Read with a loving mind for books, and start a new reading life!We introduce to you various book clubs run by publishing houses in Korea!   Minum Book Club - Share opinions with other readers - Participate in book talks with authors and lectures - Get 3 book-club edition books and 3 giveaway books ...
  • VOL.52 / 2022.11
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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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Korea’s Writing Platforms

Publishing Industry   Korea’s Writing Platforms   2022.07.04   In the book Writing Space, Jay David Bolter says that writing technologies realize the writing space. In other words, the writing tools, materials used, cultural selection, and social customs significantly impact the writer’s writing style and content. As a result, changes in writers’ works will be more evident in a different environment in the long run. After the Digital Revolution, people write about their daily lives more on screens than on paper, and people are moving from offline to online at an astoundingly fast pace.With changes in writing space, the pathway to publishing books is also changing rapidly. In the past, writers won literary awards, submitted to publishers, or were recommended by acquaintances before publishing their works in paper books. In contrast, writers nowadays increasingly publish their writings on online writing platforms first, get found by editors, and ...
  • VOL.48 / 2022.07
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Types of Korean Magazines based on Keywords

Publishing Industry   Types of Korean Magazines based on Keywords   2022.05.02   "The child plays because it plays. Reason does not exist in its play. (The editor-in-chief of Magazine B Tiktok)." This is a quote from Heidegger. Unlike books, magazines are like amusement parks as it is hard to expect what will unfold in the following pages. That is why it is okay to replace the word magazine with play from Heidegger's quote. A brand magazine Magazine B quoted Heidegger. The gap is the fun in magazines. Magazines neutralize the differences and show the unexpected of the world unpredictably.I used to work at a weekly magazine publisher. Once, I heard the president of a magazine publisher say, "You refer to books the most as you write one." So, likewise, magazines are what you refer to as you write one.The ones who visit The Magazine Club, a magazine bookstore located in Hapjeong-dong, Mapo-gu, Seoul, are primarily editors. The co-founder of The Magaz...
  • VOL.46 / 2022.05
[INFORMATION / #K-BOOK]

#Family

#K-Book   #Family KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2025.01.06   My Beautiful Grandma 1. Publication Details   Title | My Beautiful GrandmaAuthor | Sim Yun KyungPublisher | SAKYEJUL PUBLISHING LTD.Publication Date | 2022-08-19ISBN | 9791160949643No. of pages | 224Dimensions | 121 * 188   2. Book Intro   The writer, Shim Yun Kyung, who has been beloved by many readers for her work, ‘My Beautiful Garden’, and ‘Seol-Yi’, has finally published her first essay. She said that the model of good adults in her novels are all ‘grandmas’. This book is filled with what the main character, Grandma, realized while raising her children and how she loved them. Her wise parenting approach filled the small soul with quiet love, which the small soul couldn’t even notice. This would be a good guide for most parents these days, who f...
  • VOL.78 / 2025.01
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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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Current Status of the Korean Standard Publishing Distribution Data Hub System (BookNet Korea)

Publishing Industry   Current Status of the Korean Standard Publishing Distribution Data Hub System (BookNet Korea) Start-Challenge-Change-Global   2021.08.02   In terms of the market volume, Korea is the 6th largest publishing powerhouse in the world, following the United States, China, Japan, Germany, and Great Britain, who are leaders of the global publishing market, publishing more than 65 thousand titles each year. Various excellent K-books have been recently mesmerizing international readers alongside K-pop, K-drama, and K-movies as well.   Start   However, let’s look into the environment surrounding the distribution of publications in Korea. Information exchanges among publishers, distributors, and local bookstores are not active, hampering systematic marketing activities. The reality in the distribution part is failing to catch up with the advancement of the publishing market. Also, as publishers, distributors, bookstores, and libraries set up their ow...
  • VOL.37 / 2021.08
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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
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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
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