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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
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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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The Vulnerability of Production Focused on Paper Books

Publishing Industry   The Vulnerability of Production Focused on Paper Books   2022.06.07   The advancement of science has brought development to media, including in variety. Also, as an IT powerhouse, Korea provides easier access to all sorts of content, enabling people across all age groups to enjoy visual fun and entertainment through visual content rather than books. The significant drop in public interest in paper books – the analog – can be easily seen in the statistics of the yearly decrease in the reading population.   Reading population and the number of books read per person (2011~2021)   * Source: Statistics Korea (11.17.2021), Social Survey Results in 2021   As you can start a book-publishing business with a relatively small financial basis, the entry barrier is not that high. If you are interested, you can take your first foot in the industry without much difficulty. However, it is at the same time the re...
  • VOL.47 / 2022.06
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Reviews, Review Journals, and the New Review Culture

Publishing Industry   Reviews, Review Journals, and the New Review Culture   2021.12.06   More than 80,000 books are published each year. It means that about 200 books are released in the market every day. Some become bestsellers, and some vanish from the shelves in a few days. People that are "sincere" about reading books lose their way in the piles of new books, trying to figure out which book is good to read. Some people wait for the book column in a newspaper, some listen to book introductions on TV or radio, and some nod their head to the fancy wordplay of book-tubers on YouTube. However, as there is no appropriate or trustable guide, many readers feel as if they are trapped in Daedalus' Maze. Besides, there are voices arguing that there's actually no book to read, for there's no water to drink in a flood.   Recently in Korea, a small seed of hope has sprung up, that the new review culture will arrive, centered around a number of review journals.  ...
  • VOL.41 / 2021.12
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Current status of each field in the Korean publishing market ⑨ Publication of Comics and Art

Current status of each field in the Korean publishing market ⑨ Publication of Comics and Art   2020.10.05         The prominent characteristics of publications in the fields of comics and art are strong visual elements, imagination, and artistic messages embedded within. The traditional landscape of comics publications in Korea has significantly changed due to the evolution of ICT technologies and smartphones. Yet, webcomics (online comics) have noticeably risen above the surface and taken the center of comics distribution. However, fine comics that gained popularity on the webcomics platform and have gotten their artistic value recognized are often officially published as paper comics. Books in the art field come in different genres and types, ranging from academic books for fine art, design, music, plays, movies, and fashion, to popular practical books such as a guide for exams and coloring books as a pastime activity. Comics and art publications are usuall...
  • VOL.27 / 2020.10
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Current status of each field in the Korean publishing market ② History Publication

Current status of each field in the Korean publishing market ② History Publication   2020.03.02     The publication industry is “a mirror called record” that reflects the society. The publication of history-related books that are the archive of time and space connecting the past and the present is a clear indicator that shows Korean society’s interest in history. By looking at the published titles, best seller trends, and newly emerging trends, you can see where the current publishing market is and where the intellectual desire of readers is heading to.Historically, Korea has undergone long turbulent generations due to its geopolitical location in East Asia and invasions by surrounding powers. Until World War II in which liberalization was the greatest task, ethnic identity was very strong, and during the Cold War, a historical awareness that the two Koreas should overcome division and pursue reunification settled down.According to the statistics of the Korean Publi...
  • VOL.20 / 2020.03
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South Korea's publishing market based on category

South Korea's publishing market based on category   2019.12.09   The biggest characteristic of South Korea's publishing industry is that the portion of books on education and learning for young children to students of all ages is very large. South Korea's college-attendance rate is roughly 70 percent, which is one of the highest among OECD countries. According to a 2016 survey by the Korea Research Institute for Vocational Education & Training (KRIVET), 47 percent of respondents said they went to college for a better job, 25 percent said they attended to learn more and 14 percent said they went to college because graduating from university would result in better treatment in society. South Korea has a dense population compared to the geographical territory it has and combined with Korean parents wanting to educate their children for their future stability, the situation has created a society where nearly all the people have received higher education. At the epitome of th...
  • VOL.18 / 2019.12
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Discussions on introducing typographical copyright in South Korea

Discussions on introducing typographical copyrightin South Korea   2019.11.04   1. Summary of typographical copyright Typographical copyright refers to the proprietary publishing rights for typographical arrangements of published editions. Typographical copyright is being acknowledged as a type of neighboring right to protect the efforts and investments of publishers that play a key role in delivering published material through planning, providing authorship support, editing (setting layouts, proofreading and revising), designing and producing. Typographical copyright was first implemented to U.K. copyright law in 1956. Currently as of 2017, 26 countries around the world including Spain, Mexico, Australia, New Zealand and Ireland address typographical copyright in their copyright law. Elements like page style, the composition of the published work, layout and other physical features all fall under typographical copyright, and the publisher is the holder o...
  • VOL.17 / 2019.11
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Discussions on public lending rights and tasks ahead

Discussions on public lending rights and tasks ahead   2019.09.09   Public lending rights (PLR) refer to the rights authors, and other original content creators have in regards to books that are loaned to the public by institutions like public libraries. PLR is a credit-type right to claim compensation in order to make up for losses the content creator may face due to the lending of their book by libraries to the public. It is not a real proprietary right that has the power to permit or ban the use of the published work itself.   Countries that have adopted PLR   Nearly all the countries that have PLR are in Europe because the program implementation was made mandatory as part of a European Community (EC) agreement.   PLR was first adopted by Denmark in 1946 and enforced by other European countries slowly after then. As of August 2019, 33 countries around the world have implemented this program (some state 35 countrie...
  • VOL.15 / 2019.09
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South Korea's Fixed Book Price Policy

South Korea's Fixed Book Price Policy   2019.08.05   Fixed book price policies are rules that set consumer prices for books at levels the publishers select. Countries where these policies exist, sell books at the same price anywhere you go. Instead of competition through prices at the commercial sale level, price competition takes place at the production stage between publishers, boosting the diversity of distribution channels and convenience of readers.The global publishing market is divided into countries that have fixed book prices and those that do not. English speaking countries like the United States, the United Kingdom, Canada and Australia, which all form one giant market do not have fixed book prices. Non-English-speaking advanced countries like Germany, France, Spain, the Netherlands and Japan all have fixed book prices. Those that do have this policy have diverse ways to enforce it. For example, in Germany and France, the governments have passed special laws for fi...
  • VOL.14 / 2019.08
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