Storytel invests in ElevenLabs, looking to offer automated audiobook readings and ‘voice switching’ for users between preferred voices.
Audiobook subscription company Storytel cites a 22-percent increase year over year, at 3.2 billion Swedish kronor.
Storytel issues 8.8 million class B shares, worth approximately 400 million Swedish krona, with Finnish publisher Otava as one of its new shareholders.
In a forward-looking Publishing Perspectives Forum session at Frankfurter Buchmesse, speakers emphasized the importance of engaging with readers online in innovative ways.
Storytel sees its Q3 revenue ‘slightly above forecast,’ ahead of the opening of Frankfurt’s 250-square-meter Frankfurt Audio area.
The Stockholm-based audiobook corporation Storytel, in association with some of French publishing’s biggest players, goes live in France.
‘We’re in a good position,’ says Storytel’s Yasmina Jraissati, after the audiobook service Storytel’s first five years in the region.
Storytel’s first quarter reflects the reorganization of the company underway, as France’s publishers roll out their first ‘Audiobook Month.’
Storytel reports good momentum for its audiobook and ebook streaming services in Poland, Russia, and Turkey—and less so in the Netherlands.
Today’s Rights Roundup features work originally published in German, Catalan, Swedish, Finnish, Norwegian, Polish, and English.