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 …

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 …

Sweden’s Storytel beats Amazon’s Audible to the India audiobook market

Audiobook producer and distributor Storytel added its ninth global audiobook subscription platform this week. India joins home country Sweden, and Denmark, Finland, Norway, Netherlands, Poland, Russia and Spain in having a Storytel platform. The United Arab Emirates may be next. Storytel is one of the world’s largest audiobook producers and distributors, turning out about 2,000 Read More …