Storytel confirms Italy launch this summer. Turkey before then. Bulgaria and UAE to follow

A tweet from Andrew Rhomberg of Jellybooks confirms Storytel Italy will be launching “in a few months.” TNPS broke the story of Storytel’s Italy plans back in December – Storytel dots the ‘i’s with an Italy launch pending, having just opened in India – but when Jane Friedman an Porter Anderson of the Hot Sheet 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 has 300,000 Swedish subscribers, a further 250,000 beyond and is aiming for thirty countries

The audiobook subscription service Storytel announced this past week that it has surpassed 300,000 paying subscribers in its homeland Sweden, with Swedes listening to almost 100 million hours in 2017, compared with 65 million hours the year before. In November Storytel reported being just below 300,000 with a total of 530,000 subscribers, since when it Read More …