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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 / BOOK TRIP]

The World Grows in the Wait

Book Trip [Into the Book ⑨] The World Grows in the Wait Seoul Station and Palaces: Walking Tour of Seoul’s Traditional Landmarks 2024.04.01 The Seoul Kid There are a lot of people waiting for something in the (Seoul Station) square.The homeless uncles, lady ‘Guichani,’ people from churches,and even the officers from the police district are waiting for something. The essence of waiting is to attune yourself to the other person’s time. Waiting for the person’s arrival, the heart, or happiness is all centered on the other person. Park Young-Ran’s novel, The Seoul Kid (Woorischool), captures how two brothers grow through their waiting for Iron Man through the eyes of a boy. Two brothers, aged 10 and 18, await the “Iron Man” who left them behind. When the older brother gets tired of waiting and sets out to find him himself, the younger brother begins to wait for him, too. As the child l...

VOL.69 / 2024.04

[TREND / BOOK TRIP]

Warm Hope in a Cold City

Book Trip [Into the Book ⑧] Warm Hope in a Cold City Jongno-gu, Seoul: What’s still with us today 2024.03.11 One Hundred Shadows As I thought Mujae was somehow looking shady when he said, “Don’t follow shadows,” I strained my eyes and looked again, and there was a sunshower falling like a spider’s web. Hwang Jung-Eun’s first full-length novel, One Hundred Shadows (Changbi), is the story of Eunkyo and Mujae, two characters working in an electronics store in the center of the city. The cold cityscape and the old, desolate electronics mall are the backdrop of the novel, but the two protagonists’ youthful love story is what makes this novel so appealing, with just the right amount of heaviness and lightness. Also, the story of “shadows” in the title is not to be missed - the unrealistic occurrence of shadows rising up on their own is very familiar in the novel’s worldview. The separa...

VOL.68 / 2024.03

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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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2020-2022 Bestsellers: Korean Humanities Books

Publishing Policy 2020-2022 Bestsellers: Korean Humanities Books 2024.01.02 Korean Humanities Bestsellers for 2020 - 2022Explore Korean humanities books that will inspire your life with rich knowledge and refined ideas! 2020 1 Broad and Shallow Knowledge for Intellectual Conversation: 0 2 You’re Always Right 3 When I Don’t Know What I Really Want 4 Broad and Shallow Knowledge for Intellectual Conversation: 1 5 Seol Min-seok's Romance of the Three Kingdoms 1 6 A Book for Highly Sensitive People 7 Seol Min-seok'...

VOL.66 / 2024.01

[TREND / KNOWLEDGE]

Marketing in Korean Bookstores: Recovered Editions & Book-funding

Publishing Industry Marketing in Korean Bookstores:Recovered Editions & Book-funding Faster and unlike anyone else 2023.12.04 “Faster and unlike anyone else” - this is a phrase from a popular Korean song. No item is exempt from this rule, but it is a hot topic in the Korean publishing and distribution market. Because of the fixed book price system, price competition among retailers is impossible in Korea. Shipping competition, which was fierce in the early days of online bookstores, has also faded. This is because there is not much difference in the delivery speed between bookstores. Competition for merchandise is still fierce but less so than before for various reasons, including readers’ fatigue with merchandise and rising production costs. So, how can bookstores promote their books “faster and unlike anyone else”?There are two ways that stand out - recovered limit...

VOL.65 / 2023.12

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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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The Trend and Prospects of the Self-help Book Market in Korea

Publishing Industry The Trend and Prospects of the Self-help Book Market in Korea 2023.06.05 The popularity of self-help books rises and falls regularly. Self-help books are currently the cradle of bestsellers in the publishing industry. And, as they can work like a magnet pulling readers to the bookstore once they go popular, it is no exaggeration to say that the genre can determine a bookstore’s sales for the year.The current self-help book craze began to heat up in the second half of last year in Korea, and it reached its peak this year. Unlike in the past, the trend these days was fueled by the recession that has made life more difficult. “As getting rich through financial investment has become impossible in this life, I’d rather raise my value through self-improvement” This phrase has become a buzzwor...

VOL.59 / 2023.06

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The Gates to K-Books

Publishing Policy The Gates to K-Books 2022.12.05 Meet Korean book content wherever you are in the world! - The Gates to K-Books K-BOOK, an English platform serviced by KPIPA K-BOOK provides: » Information about authors and publishers » History of copyright export » Copyright Contact K-BOOK also offers information about Korean books in English so foreign publishers can get a better grip on data about Korean publications! We would also like to introduce various other websites that promote Korean books around the world! THE KOREA SOCIETY #Stronger Korea-US ties #News about Korean literature A non-profit media organization in the US, run to improve the Korea-US relationship. The newest information in the Korean publishing industry can be acquired in the Lite...

VOL.53 / 2022.12

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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

VOL.69/2024.04

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