As Bonnier’s Bookbeat puts its UK venture on ice, revenues are up and its profitability in both Sweden and Finland

Hard on the heels of Storytel’s Q1 results comes news that rival operator Bookbeat saw a 130% revenue growth in Q1 2017. This after a 280% increase in revenue in 2017. Bookbeat, the digital arm of Sweden’s Bonnier, still draws most of its revenue from Sweden, but reported profitability in both Sweden and Finland. Said Read More …

Storytel goes the TV route to promote audiobooks in Spain

Storytel is always full of surprises, whether it’s beating Amazon’s Audible to India, teaming up with telcos in Poland, or preparing to launch in Italy. Last year Storytel launched in Spain, and to start the new year the company is running a series of adverts on Spanish TV to draw attention to its service. You Read More …