Publishing Literary Organizations "Publishing Market Collapse Crisis... Active Government Support Needed"

Publishing-related organizations, including the Korea Publishers Association, have issued a joint statement demanding the restoration of the "literature-publishing ecosystem." They regard the current situation as an "unprecedented crisis" and emphasize the need for active government support to overcome the crisis of the publishing market collapse caused by the decline in the reading population and changes in the media environment. Their demands are broadly categorized into three points.

First, to further expand literary publishing support projects and author support projects, including the Korea Arts Council's "Literature Sharing Project." Second, for the government and major bookstores to actively engage in protecting e-book copyrights. Third, to increase the budget for libraries nationwide and introduce public lending rights that provide compensation to copyright holders for library loans.

The organizations stated, "The collapse of the literary publishing market means depriving authors of opportunities to present their works to the world and forcing them into situations where they cannot receive fair compensation for their creative activities," and emphasized, "To achieve global recognition for K-content, securing the creative diversity of literary publishing, which forms its foundation, is required."

The statement was supported by the Korea Publishers Association, International PEN Korea Center, Korea Writers' Association, Korea Writers' League, Korea Poets' Association, Korea Novelists' Association, and Korea Literary Critics Association.

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