While all eyes are on the London Book Fair this week, in the thirty days either side of the LBF over 13 million people are visiting book fairs around the globe

The London Book Fair is underway, and there’s no question it’s one of the most important trade book fairs of the year. But these big trade events (the London Book Fair, the New York Book Expo, the Bologna Children’s Book Fair, the Frankfurt Book Fair, etc,) are just that – trade-focussed events where public access Read More …

Is Sweden’s Storytel worth more than the entire Norwegian book market?

That’s the intriguing claim made over at Norway’s trade journal Bok365 this week as it reports Storytel’s market capitalisation has increased by 45% this year. Asserts Bok365: Storytel AB alone now has greater market capitalization than the entire Norwegian book industry. Bok365 puts Storytel’s latest valuation at SEK 5 billion ($602 million), which as Bok365 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 …

Record-breaking number of children’s books published in Sweden, but only 56% Swedish originals

The Swedish Children’s Institute is reporting the number of books published for children has increased for the eighth consecutive year, and in 2017 broke the 2,500 marker with 2,532 titles, up 5% on 2016. What hasn’t changed much is the number of home-produced titles, with Swedish originals still accounting for just 56% of books coming Read More …

Sweden’s Nextory wants to be the biggest ebook player in Scandinavia even as Amazon prepares its Nordic launch. Suicidal? No. Once again books are not on Amazon’s agenda

There are three big digital book players in Sweden – Storytel, Bonnier’s Bookbeat, and Nextory. And this week comes news that Nextory has raised SEK 51 million ($6.2 million) as part of plans to become the biggest ebook operator in Sweden, and beyond. The fresh money (on top of SEK 50 million previously raised) comes 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 …

Storytel launches in Iceland. Italy, Bulgaria and Turkey next?

Swedish audiobook subscription service Storytel launched in its tenth country today, adding Iceland to an impressive list of nations that already includes Denmark, Finland, Norway, Netherlands, Poland, Russia, Spain and India, as well as Sweden itself. This will come as no surprise to TNPS regulars. As reported here in January – Storytel has 300,000 Swedish subscribers, Read More …

Swedish Romance Academy to launch this spring

Although romance books sometimes come in for a hard time in elite publishing circles, there’s no denying the enormous popularity of this wide-ranging genre, and one might reasonably assume that such a universal theme as love and relationships would make romance a hugely popular genre everywhere in the world. Yet there are parts of the Read More …

The cold-call origins of Storytel India

Today Storytel India offers over 1,000 titles on its localized app. Not bad going for an operation that only went live in November and began with a cold-call email from an avid Indian reader. How Storytel came to beat Amazon’s Audible to India – Sweden’s Storytel beats Amazon’s Audible to the India audiobook market and Read More …

Print book sales up, ebooks up and audiobook sales explode – in Finland

One of the great things about the Global New Renaissance is that it is just that: global. Digital social media is driving awareness, access and supply of culture across all art forms and all formats, in all countries, across all languages and cultures, in a way quite unprecedented in human history, and quite unthinkable even Read More …