The Week In Review

Here’s a summary of TNPS posts from the past seven days. Big Bad Wolf shows the world’s demand for English-language titles, taking 2 million books to Taiwan this week Brazil’s São Paulo Biennial disappointed with fewer visitors (“only” 663,000) but they spent 33% more Amazon to open a Customer Service Centre in Colombia in October, Read More …

Akademibokhandeln and Bokus Play Q2 results hit by investments and Sweden’s heatwave

Sweden’s Akademibokhandeln Holding AB has released its Q2 results and it’s not looking good. Turnover down from 316.7 million kronor in 2017 to 314.9 million kronor ($34 million) this year. Operating profit before depreciation and amortisation decreased from SEK 1.9 million to minus 28.1 million (-$3 million). Profit after tax has decreased from – SEK 28.5 Read More …

Bonnier’s Bookbeat clocks 100,000 subscribers as growth continues, but UK publishers still aren’t interested

A month ahead of schedule, Bookbeat, the audiobook and ebook subscription arm of the Swedish publishing giant Bonnier, has reached its milestone of 100,000 subscribers, reports Boktugg’s Sölve Dahlgren., who says the company is on target to to reach SEK 150 million ($17 million) in revenue for the full year 2018. Bookbeat CEO Niclas Sandin Read More …

Bonnier shifts problem child Type & Tell to Adlibris

When Bonnier Books Nova launched Type & Tell back in 2015 the vision was to tap into the growing Swedish self-publishing market and cherry pick top authors for mainstream publishing. It never really took off in Sweden (just 5,000 registered users) and in early 2017 Bonnier decided to try its arm in the UK, with Read More …

Storytel reports strong growth. Beats Q2 expectations

With 621,000 subscribers in Q2 2018, up nearly 200,000 on the same period 2017, Storytel’s CEO Jonas Tellander is reporting another quarter of strong growth. In a press release Storytel announced, Streaming revenues for the period totaled circa 239 MSEK ($27.3 million), which corresponds to 43% in annual revenue growth, slightly more than three million Read More …

Evidence mounts for an Amazon Sweden launch this year, but no sign publishers need worry yet

Amazon has been in talks with a number of Swedish logistics companies, including PostNord, as it continues to explore its Scandinavian options. While Amazon has of course not confirmed a date, the expectation seems to be later this year, which is in keeping with speculation I explored here at TNPS back in March: Sweden’s Nextory Read More …

OverDrive wins 4 year contract to supply ebooks to Sweden’s libraries

News is breaking in Sweden that America’s OverDrive has out-tendered domestic rival Axiell to become the primary ebook distributor for Sweden’s public libraries. Axiell bought out former market leader Elib in 2015 and seemed in an unbeatable position, but didn’t reckon on Rakuten’s growing hunger for the international ebook markets, which offered a “significantly cheaper” Read More …

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 …