Storytel launches its own e-reader, prepares to change royalty structure, as Tellander reports a successful Q1

Along with the Storytel Q1 2018 financial report today comes news that the Swedish audiobook company is about to elevate its ebook arm from a sideshow to mainstream. Storytel Reader is an e-reading device that will be launched in Sweden, Denmark and Finland shortly, with other Storytel markets to follow. Storytel CEO Jonas Tellander explained, Read More …

Kobo and Fnac team up with telco Orange France to expand audiobook and ebook reach

Kobo’s French ebook and audiobook distribution partner Fnac started offering digital comics via the Orange mobile service last year, and this year it adds audiobooks and ebooks to the telco offering. At a time when telcos are struggling to differentiate themselves from one another, being able to offer additional consumer content is one way to Read More …

Nextory becomes the third Swedish digital player to report significant growth, but real numbers are not so easy to come by

It seems the digital players can do no wrong in Sweden and beyond, as Nextory reports 200% growth compared to Q1 2017. That’s hard on the heels of very positive reports from Storytel – Storytel Q1 results: Subscribers up 51%, streaming revenue up 43%. Subscribers outside Sweden up 95% and from Bookbeat – As Bonnier’s Read More …

Storytel Q4 revenue up 27% in Q4. Streaming revenue up 42%. Subscribers up 48% to 533,000. 15 countries by end 2018

While not yet in profit, Storytel has made impressive gains over Q4 2017, with overall revenue up 27% on the period, while streaming revenue rose 47%. CEO Jonas Tellander confirmed total subscribers now at 533,400, in keeping with a TNPS estimate last month. Storytel has 300,000 Swedish subscribers, a further 250,000 beyond and is aiming Read More …

The Hot Sheet Reviewed – second February 2018 edition

The Hot Sheet is a publishing industry news-sheet for authors, produced every two weeks by Porter Anderson and Jane Friedman, and reviewed here every other Sunday as one of the best bi-weekly industry overviews available to authors. We’re not interested in delivering breaking news, but perspective on stories that are likely to retain meaning for your long-term decision Read More …

Kindle Snapshot: 8 out of Top 10 ebooks in the Kindle US store are Amazon imprint titles this morning

Probably the single most unforeseen consequence of the digital revolution in publishing was that mainstream publishers would soon be competing not just with countless “indie authors” successfully self-publishing their works, but that mainstream publishers would be directly competing with their biggest retailer. It all seemed so improbable when Amazon started its first imprint back in Read More …

Primento says Belgian ebook market up 43% in 2017, with zero growth from Apple and Google Play, 98% growth from Kobo

The Brussels International Book Fair is underway in Belgium, and one Belgian aggregator has shared its numbers. It’s not clear how much Brussels based Primento’s numbers reflect the wider Belgian digital market, but Primento itself 2017 saw a 45% rise in sales in the home market. That’s according to ID Boox, which, quoting Primento’s numbers, Read More …

Two Nigerian ebook start-ups prepare to challenge Okada

Nigeria is not an easy place to buy ebooks. None of the Big 5 western ebook retailers have any presence in this English-speaking nation of 180 million people, leaving the door open for local initiatives. Just last September Publiseer launched, offering a uniquely positioned self-publishing portal for writers and, wait for it, musicians. Publiseer claims Read More …

Apple’s ebook subscription service: the missing ingredient in Apple’s ebook-comeback

For a few minutes yesterday it looked like Apple might have been planning an ebook comeback, after having pretty much lost all enthusiasm for the iBooks store following the law suits against Apple and several publishers, commencing 2012, that cost Apple $450 million in fines. That sort of money, for Apple, was barely a slap Read More …

Is Japan’s Rakuten the second biggest player in the western ebook and audiobook markets?

I’ve long been a lone voice on the indie circuit advocating authors take digital libraries seriously. Admittedly back in 2011 it wasn’t so easy to get into OverDrive, but doing what isn’t easy is what separates the career author from the rest. As I said four years ago back in January 2014, Too many indie Read More …