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[TREND / KNOWLEDGE]

Today’s Local Bookstores Seen Through Data on Independent Bookstores in Korea

Knowledge   Today’s Local Bookstores Seen Through Dataon Independent Bookstores in Korea A service for non-readers: a map of local bookstores   2024.05.07         Independent bookstores, each unique in its own way, are significant in that they create new cultures and book ecosystems. There is a platform that collects data on these independent bookstores and shares their locations, activities, and stories with readers online and offline – it is “Bookshopmap,” a neighborhood bookstore map, which started in 2015. In this article, focusing on Bookshopmap, we will look at how the service started, how it works, and how it differs from traditional bookstores. We will also take a look at the changing trends of independent bookstores in Korea based on data statistics from the past 8 years, from 2015 to 2023.       It started for fun   After stumbl...
  • VOL.70 / 2024.05
[TREND / TOPIC]

The Influence and Application of AI Translators on the Publishing Industry and the Import and Export of Copyrights

Topic   The Influence and Application of AI Translators onthe Publishing Industry and the Import and Export of Copyrights   2024.04.01       AI technology is advancing rapidly and transforming the way we work. These technological developments are affecting many areas of our lives, and the publishing industry is no exception. The use of Neural Machine Translation (NMT), such as Google Translate, which emerged in 2017, as well as Naver’s Papago, DeepL, and Microsoft Translator, is growing dramatically, and the publishing industry is joining this technological trend. Its use is expanding from simple business emails to book introductions, copyright marketing materials, subtitles for book trailers, speech-to-text technology, and more. This means that a fundamental shift in working tools and business structures is taking place. This article examines the influence of AI on the publishing industry from an editor’s perspective.  ...
  • VOL.69 / 2024.04
[TREND / TOPIC]

How Book Club Platforms Captivate Readers

Topic   How Book Club Platforms Captivate Readers   2024.03.11   It is the age of communities. From sneaker manufacturers to franchise cafes, companies are putting as much effort into building communities as they are into making things. Gathering loyal fans in one place to generate buzz and feedback has become a proven business strategy in an environment where we are bombarded with information and products. The publishing industry is no exception. Publishers and bookstores are opening cafes and book clubs, creating apps, and publishing newsletters. They reward book club members with exclusive editions of books and merchandise to give them a sense of belonging, or even let them choose the cover design of a new book.Beyond the business strategy of the publishing industry, the importance of book-reading communities is growing every day in the overall book culture ecosystem. There is something contagious about people’s activities. If you are surround...
  • VOL.68 / 2024.03
[TREND / EXPORT CASE]

More and More Chinese Readers Are Starting to Pay Attention to Korean Literature

Export Case   More and More Chinese Readers Are Starting toPay Attention to Korean Literature   2024.03.11   First, let me introduce Xiron Books. Xiron Books is one of the representative brands of China’s mass book companies, and it is also one of the book brands widely loved by readers. Xiron Books always adheres to the value of “good book = social value + cultural value + commercial value” and is committed to providing “good copyright, good content, and good products.” Xiron’s first publication of Korean literature was Kim Jiyoung, Born 1982 (Minumsa), a Korean novel published in simplified Chinese in 2019, which portrays various issues women may encounter through the life of the protagonist Kim Ji-young. In the increasingly heated gender discourse, it quickly became a bestseller.Starting with Kim Jiyoung, Born 1982, in recent years, Xiron has established a Korean literature editing studio, publishing The Crucible (Changbi) in 2020, Please Look After Mom ...
  • VOL.68 / 2024.03
[TREND / KNOWLEDGE]

K-Illustrations in One Spot!

Knowledge   K-Illustrations in One Spot! 2024 K-ILLUSTRATIONFAIR   2024.03.11                     Korea’s Illustration Industry continues to grow, with unique and distinctive designs being featured in publishing, film, music, fashion, and other cultural and artistic fields!“K-Illustration Fair” is set to be held in Seoul and Busan in 2024, where you can find all items in the Korean illustration industry!   2024 K-ILLUSTRATION FAIR Seoul Period: Feb. 22-25, 2024 Venue: Hall D, COEX, Seoul Busan Period: July 26-28, 2024 Venue: Hall 4, Exhibition Hall 2, BEXCO, Busan * Inquiry: +82-2-761-2512, info@k-illustrationfair.com   K-Illustration Fair serves as a venue for individua...
  • VOL.68 / 2024.03
[TREND / KNOWLEDGE]

A Call for an Evolutionary Level of Imagination: Replacement of Dominant Species

Publishing Industry   A Call for an Evolutionary Level of Imagination:Replacement of Dominant Species Current status of author management in Korea   2024.02.19         Korea’s Greenbook Agency (CEO Toni Shi-Hyoung Kim) was one of the earliest adopters of the concept of author management. It was originally founded in 2006 as an agency specializing in the international trade of publishing rights. All of its executives, including CEO Kim, are former publishing professionals or translators, and the company has completed more than 1,000 copyright deals. In 2017, the company launched its author management business by signing an exclusive contract with Kim Bo-Young, a major Korean SF writer. Since then, it has signed award-winning fiction and non-fiction writers such as Bora Chung, Djuna, Park Seo-Ryun, Kim Hyun-Jin, Shim Wan-S...
  • VOL.67 / 2024.02
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2023 Publishing Statistics & 2024 Publishing Market Outlook

Publishing Industry   2023 Trends in the Korean Publishing Market and 2024 Forecast   2024.01.02         2023 Trends: Growth in self-help, comics, and parenting books   As the COVID-19 pandemic turned endemic in the spring of 2023, travel books saw a resurgence in popularity. The popularity of anime such as Slam Dunk has led to increased sales of manga, and popular YouTubers have joined the publishing market using manga characters. In addition, books by popular writers for grown-up readers, such as physicist Kim Sang-Wook, have been transformed into children’s educational comics.   * K-Book Trends Vol. 42 – Go to the interview of writer Kim Sang-Wook   In addition, despite recording the world’s lowest birth rate, the popularity of books on raising children in Korea has increased. While the market for marriage, family, pregnancy, and childbirth has decreased, the market ...
  • VOL.66 / 2024.01
[TREND / KNOWLEDGE]

Today and Tomorrow of the Korean Standard Publishing Distribution Data Hub System

Publishing Industry   Today and Tomorrow of the Korean Standard Publishing Distribution Data Hub System   2023.09.04         Current status of the Korean Standard Publishing Distribution Data Hub System (KOPDS)   When Song-In Books, a large South Korean book wholesaler, went bankrupt in 2017, many publishers were left in a state of chaos. Publishers suffered a lot of losses because they were unable to keep track of which books were in which bookstores, and how many copies were in stock and sold. This prompted the creation of the Korean Standard Publishing Distribution Data Hub System (KOPDS), which was built in accordance with the Fourth Five-Year Plan for the Promotion of Publishing Culture, reflecting the need to build an advanced distribution system for the publishing industry. The system was launched in Sept...
  • VOL.62 / 2023.09
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Today and Future of Korean Digital Publishing

Publishing Industry   Today and Future of Korean Digital Publishing   2023.08.07         The COVID-19 pandemic that began in 2020 has also brought about major changes in the digital publishing industry. Most importantly, it accelerated the AI digital textbook project, which nobody knew when it would gain a boost. It was also the trigger that facilitated digital transformation and digital convergence in the publishing industry.The digital publishing industry in Korea has been developing for the past decade through continuous transformations. The iBooks Store - an e-book distribution market launched by Apple and Amazon Kindle – Amazon’s self-publishing service opened a full-fledged e-book publishing market in Korea. Many digital publishing start-ups joined the industry. There, major issues in the publishing industry were ...
  • VOL.61 / 2023.08
[TREND / KNOWLEDGE]

Book Pricing Strategies in Korea

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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