K-Book Trends -

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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]

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

[INFORMATION / #K-BOOK]

#Tree

#K-Book #Tree KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2024.05.07 Urban Tree Friends 1. Publication Details Title | Urban Tree FriendsAuthor | Ko Gyu Hong, Choi KyungsikPublisher | DASANPH PUBLISHERS HOUSEPublication Date | 2019-04-25ISBN | 9788979381092No. of pages | 32Dimensions | 228 * 287 2. Book Intro This book tells the story of the trees, flowers, and grass that live around an apartment complex in an urban city. The trees that appear in the book are ones that can be found anywhere in Korea. Turning your eyes and getting to know the trees around you is about communicating with nature. Just by watching the trees around us for four seasons, we can be awakened to the preciousness of life and nature. Additionally, the illustrations of the trees around us by Choe Gyeongsik, done with pencil and watercolors, lets us feel the warmth of the nature.The author, Ko Gyu Hon...

VOL.70 / 2024.05

[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 / INFO]

2024 Overseas Publication Grants: Guidance for Applicants

Info 2024 Overseas Publication Grants: Guidance for Applicants 2024.05.07 KPIPA provides Overseas Publication Grants for the overseas publishers who have imported or are planning to import Korean publication copyrights. Overview of grants • Qualification: Overseas publishers who have imported or are planning to import Korean publication copyrights - Books that have been published or are to be published in local markets, beginning November 1st, 2023 to October 31th, 2024 - Such books must be published in the time period and be submitted to the Publication Industry Promotion Agency of Korea (“KPIPA”) by November 11th, 2024 (Monday) - Publishers can apply up to only 5 titles maximum • Scope of selection: Around 50 books will be selected, and grants ...

VOL.70 / 2024.05

[INFORMATION / AGENCY LIST]

Agency list

Agency List Agency list 2024.05.07 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 : +82-2-707-2103 / Regions : Asia, UK, USA ...

VOL.70 / 2024.05

[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑪ Educational Publications (textbooks/reference books/home-study materials)

Current status of each field in the Korean publishing market ⑪ Educational Publications (textbooks/reference books/home-study materials) 2020.12.07 This volume will discuss the publishing industry's status in Korea related to schools' educational curriculums (curricula) from elementary to high school. In schools' academic curriculums, textbooks are designated as the basic material, and reference books and home-study materials are used as much as textbooks as customized media to raise students' level in learning. Educational publications for students in elementary, middle, and high schools in Korea, globally known for its high passion for education, have been the central foundation for general education in Korea. Furthermore, they take an overwhelming proportion in the publishing market, implying that they are also beginning to take the center of bookstore operations.According to the Korean Educational Statistics Service (KEDI) of the Korean gover...

VOL.29 / 2020.12

[INFORMATION / BEST SELLERS]

2nd Week, March 2024

Best Sellers 2nd Week, March 2024 Bestseller Trends in the Four Biggest Online Bookstores in Korea 2024.04.01 March in Korea is the month that signals the arrival of spring and the start of a new school year. It is also a time for blooming flowers, new friends, and fun memories. The bestseller list is also filled with exciting new titles. For example, Gangster Grandmother in Hospital, the No.2 bestseller in the 2nd week of March, is an essay by Yang Yoo-Jin, a 1M creator named “Bbangthug,” filled with heartfelt stories. Even during its presale period, the book was enthusiastically welcomed by subscribers, taking it to the top of the bestseller list. In the book, she reveals that she is suffering from an incurable disease called lupus, yet she captures her daily life in a playful and lighthearted way, drawing expectations from readers.The No.8 book, From Good Sentence Structure to Punctuation!, is written by Lee Soo-Yeon, a teacher at the ...

VOL.69 / 2024.04

[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑩ Publication of Exam and College Books

Current status of each field in the Korean publishing market ⑩ Publication of Exam and College Books 2020.11.02 College students mainly seek exam and college books. As those books are for taking classes and getting a job, their demand is relatively stable. This is why there are several publishers that mainly publish books in these areas. According to the publications statistics announced by the Publication Industry Promotion Agency of Korea (KPIPA) in 2019, about 6.1% of the entire Korean publishers (16th among a total of 30 areas) produce exam books (for jobs, licenses, national exams, etc.), and 13.6% produced college books (4th among a total of 30 areas).Unlike the college book market which is in a downward trend, exam books for tests and company applications are witnessing a rise in both sales and the number of copies sold for the past 3 years. According to the sales statistics announced by Kyobo Bookstore - one of the representative on - and offline ...

VOL.28 / 2020.11

[INFORMATION / #K-BOOK]

#Sky

#K-Book #Sky KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2024.04.01 You Too Are a Wheel Lily 1. Publication Details Title | You Too Are a Wheel LilyAuthor | Lee Geum YiPublisher | BamteePublication Date | 2021-08-05ISBN | 9791191826005No. of pages | 228Dimensions | 148 * 210 2. Book Intro Since its publication in 1999, You Too Are a Wheel Lily is a classic masterpiece of children’s fairy tales that has sold 700,000 copies, touching the hearts of many children. The value of the story of You Too Are a Wheel Lily is still being recognized. This shows that children’s concerns are not different from those of that time.However, the author thought that for new readers to read in the 21st century, the content should be thoroughly reviewed and revised to fit the sense of the times. With the author’s meticulous efforts, this book is a complete revision that reflects the changes...

VOL.69 / 2024.04

VOL.70/2024.05

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