Mar 16 • 10:31 UTC 🇰🇷 Korea Hankyoreh (KR)

Let’s Start the 'Public Lending Right' Now

The article advocates for the establishment of a Public Lending Right system in South Korea to support authors and creators amidst dwindling sales and increasing cultural investment.

The article, authored by novelist and professor Bang Hyun-seok, highlights the increasing power of Korean culture and the government's ambition to elevate the country’s cultural and content sectors to strategic industries with plans for substantial market growth. Despite these optimistic projections and the establishment of a policy fund to support the industry, creators of original intellectual property (IP) feel more hopeless than ever, with declining book sales despite accolades for notable works. While the growth of public libraries and innovative loan services improve reading environments, they inadvertently contribute to lower book sales, further straining authors and publishers.

The author points out that becoming a leading nation in artificial intelligence partly hinges on expanding original intellectual property, with foundational arts serving as the root of this needed expansion. He underscores that creators, seen as 'language alchemists', play a crucial role in rejuvenating narratives that are essential to cultural evolution. The growing disconnect between investment in culture and the struggles faced by authors signals a dire need for policies that support the basic arts ecosystem, suggesting that initiatives like Public Lending Right (PLR) are critical for the sustainability of creative work.

The article emphasizes the necessity of symbolically impactful projects that can demonstrate efficacy to creators in foundational arts, much like President Lee Jae-myung's swift actions post-flood in Seongnam. It portrays a call for attainable goals and quick results to restore hope and trust among creators, signaling the urgent need for a supportive framework like the PLR to ensure the survival and flourishing of the literary community in a rapidly evolving cultural landscape.

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