Storytel confirms Latin America ambitions. Mexico launch this year

Storytel has confirmed its plans to launch in Latin America, with Mexico  first in line. As revealed here on TNPS a month ago, Storytel has been talking with publishers across Latin America – Storytel’s Latin American ambitions. Brazil, Mexico, Argentina and Colombia for 2019? and in an unusual move for Storytel it has made a Read More …

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 …

Ten global publishing stories not to be missed. 3 May 2018 collation

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. But if you’re reading TNPS in the first place you probably share my obsession with all things international publishing, and would no doubt enjoy 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 …

Nordic Council Children’s and YA Literature nominations announced at Bolgna

At the International Children’s Book Fair in Bologna this week the 12 nominations for the Nordic Council’s Children’s & Young People’s Literature Prize were announced. The winner will pocket DKK 350,000 ($58,000) on October 30th at a special ceremony at the Oslo Opera House. The Nordic Council awards a total of five prizes each year 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 …

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 …

As Bokus prepares to launch audiobook-streaming in Sweden, Bookbeat is upbeat about prospects

Akademibokhandel’s subsidiary Bokus will start audiobook streaming in Sweden this spring, going head to head with Storytel, Bookbeat and Nextory. Boktugg reports this week that Bonnier-owned Bookbeat saw revenue rise 283% last year and that it is is hoping to hit SEK 100 million ($12 million) soon, as it adds Spain and Italy to its Read More …