Storytel launches in Italy

Storytel today goes live in its thirteenth market, as Italy joins hands with Sweden, Norway, Denmark, Finland, Iceland, the Netherlands, Poland, Russia, Spain, India, the United Arab Emirates and Turkey. Launches in Bulgaria and Mexico planned for later this year. Regulars here at TNPS will not be surprised by the Italy launch, which I first Read More …

Storytel refinances to enable further expansion

Storytel has, in accordance with EU regulations, announced its latest refinancing arrangement with Swedbank as it looks to further expansion. From the press release (July 7): Storytel has entered a new loan agreement with Swedbank today which involves the granting of a further 200 MSEK, of which 100 MSEK may be put to use immediately, 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 now live in Turkey. Italy launch imminent and Bulgaria launch soon

Storytel’s twelfth audiobook and ebook store went live this past week (confession – I got distracted by the IPA Regional Seminar, so a few days late with the news), with Turkey the third of five planned launches this year. Turkey joined Iceland and the United Arab Emirates as 2018 additions to a fold that already Read More …

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 dots the ‘i’s with an Italy launch pending, having just opened in India

It seems like only days ago that I reported here on TNPS that Storytel has launched in India, beating Amazon’s Audible, not due to go live in India until the new year some time. Storytel also has a launch in the United Arab Emirates pending. Sweden’s Storytel beats Amazon’s Audible to the India audiobook market Read More …