Russia’s LitRes sees 46% ebook growth as Storytel Russia grows. Subscription model has much to offer

Russia’s ebook giant LitRes is seeing 46% growth this year as enthusiasm for the format grows, but overall ebooks are still just 6% of the Russian book marker, reports Eugene Gerden for Publishing Perspectives today. Russia’s Growing Ebook and Audiobook Sales in First Half of 2018 According to Gerden, LitRes says its ebook sales through Read More …

Data Guy rewrites the historical Author Earnings US ebook statistics. 2016 US unit ebook sales of 487 million now 525 million. What are we to believe?

I had occasion to revisit Data Guy’s January 2018 Author Earnings Report this week. And I found Data Guy has quietly slipped in new numbers for 2015 and 2016 US ebook market. Said Data Guy on May 31 this year, slipped into the comments thread, four months after the main report went live, US ebook sales totaled Read More …

66 million OverDrive libraries on target for 1m+ downloads in 2018. Seven for 4m. Two looking at 5m as downloads soar 11%

The mid-year numbers are in from OverDrive and once again it’s looking to be a record-breaking year for the Rakuten-owned company. Last year OverDrive recorded 225 million downloads, with 58 libraries passing the 1 million downloads mark. This year at the half-way mark 66 libraries are looking to exceed 1 million downloads, with seven libraries Read More …

PRH’s Markus Dohle says audiobooks are the future, not the ebook, as Storytel Arabia ramps up production. But is Dohle missing the bigger picture?

“Audiobooks are the future, not ebooks,” said Penguin Random House CEO Markus Dohle last week at Spain’s Forum Edita at the Barcelona School of Management of the Pompeu Fabra University. Talking about book publishing in general, Dohle said, The sector is experiencing the best moment of the last fifty years … and maybe of the last five Read More …

Storytel reports strong growth. Beats Q2 expectations

With 621,000 subscribers in Q2 2018, up nearly 200,000 on the same period 2017, Storytel’s CEO Jonas Tellander is reporting another quarter of strong growth. In a press release Storytel announced, Streaming revenues for the period totaled circa 239 MSEK ($27.3 million), which corresponds to 43% in annual revenue growth, slightly more than three million Read More …

OverDrive clocks 220,000 audiobook downloads a day. On target for 80 million audio downloads this year that won’t be counted by Data Guy’s BookStat

OverDrive launched its new quarterly Perspectives on Reading e-magazine this week, and among its “unique insights” was an article on audiobook growth from OverDrive’s own data. Back in 2013 OverDrive crossed the 100 million downloads benchmark, reporting 79 million ebook checkouts and 22.9 million for audiobooks. For 2017 OverDrive clocked 225 million downloads, comprising 155 Read More …

Storytel launches in Italy

Storytel today goes live in its thirteenth market, as Italy joins hands with Sweden, Norway, Denmark, Finland, Iceland, the Netherlands, Poland, Russia, Spain, India, the United Arab Emirates and Turkey. Launches in Bulgaria and Mexico planned for later this year. Regulars here at TNPS will not be surprised by the Italy launch, which I first Read More …

Audio Publishers Association says 2017 US audiobook market worth $2.5 billion – more than double Data Guy’s BookStat valuation. Who are we to believe?

When the Audio Publishers Association issued its latest valuation of the US audiobook market last week the $2.5 billion figure understandably made the headlines. We can’t say for certain how accurate that figure may be, as it is, in the words of What’s New In Publishing, the result of the annual US sales survey (conducted Read More …

OverDrive’s Libby app use growing at 30% per month but digital library downloads continue to be ignored by the data gurus

Given Libby was Google Play’s ‘Best New App of the Year’ in 2017 and won #1 Apple App Store rating for books and library in May of 2018, it should come as no surprise that the OverDrive app for digital library access is doing well. In 2017 OverDrive clocked some 225 million ebook and audiobook Read More …

Audible India to launch in November?

Unconfirmed rumours in the Indian press suggest Amazon is readying its in-beta Audible India launch for November, to mark the India celebration of Diwali. If true the timeline will catch many by surprise. Amazon is believed to have started progressing Audible India in early 2017 and The Times of India reported Audible IN was widely Read More …