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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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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
[TREND / TOPIC]

“Trend Forecasters” Dominate Bookstores in Korea

Topic   “Trend Forecasters” Dominate Bookstores in Korea   2022.12.05   When the new year is just around the corner, something unique happens in bookstores in Korea – they all put out various “trend books” that provide predictions for the new year on the most conspicuous shelves they have. The consumers who are curious about what will happen in the new year – or even tomorrow – all have their eyes focused on those books. This attention pushes “trend books” up the list of best-selling books. For example, when you search “trend” on any online bookstore you can find, you will get roughly 1,200 books. And even if you cut it down to “New Year,” there are about 800 books in the fields ranging from business, social sciences, humanities, and self-help. So, what implication is behind such an end-of-year trend, or what is the hidden secret?   Books about the Trends of the New Year are generally published from October   So, these ...
  • VOL.53 / 2022.12
[TREND / TOPIC]

South Korea's online platforms where readers can meet genre literature

South Korea's online platforms where readers can meet genre literature   2019.12.09   Typically genre literature refers to genre fiction, which in turn is used to call novels with similar elements or narrative styles like books of science fiction, fantasy novels, detective thrillers and mysteries. As we entered the 2010s, the market for e-books and web novels which represent digital publishing content rapidly grew and genre fiction has been shaking up the conventional literature scene ever since. In South Korea, web novels centering on genre fiction appeared in earnest in January 2013 on Naver's web novel service.What sets web novels apart from conventional novels is the fact that their formats can vary depending on the author's situation. Usually, readers have to pay for each chapter in the novel, so authors base their stories on fun and suspense. Needing to keep readers hooked, events in web novels happen quickly in short amounts of time. Also, as increasingly more user...
  • VOL.18 / 2019.12
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