Storytel issues 8.8 million class B shares, worth approximately 400 million Swedish krona, with Finnish publisher Otava as one of its new shareholders.
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.
The Reykjavík International Literary Festival is a biennial player in publishing focused on an immersive exchange of ideas and commentary.
Growth in the Spanish-language markets is moving more slowly than anticipated, but Storytel shows a strong Q2 report.
In its second year, the distributor’s ‘All About Audio’ event hears from key companies’ representatives on their offers and observations.
The founding CEO of the 20-market Swedish subscription company is to speak on the fourth day of the Frankfurt Conference program.