Storytel issues 8.8 million class B shares, worth approximately 400 million Swedish krona, with Finnish publisher Otava as one of its new shareholders.
Shehan Karunatilaka’s ‘Seven Moons’ Wins the 2022 Booker
A tale of a war photographer’s post-death search for truth in Sri Lanka’s violence wins the UK’s Booker Prize for Fiction.
Ahead of Frankfurt Audio: Storytel Makes Its Third-Quarter Report
Storytel sees its Q3 revenue ‘slightly above forecast,’ ahead of the opening of Frankfurt’s 250-square-meter Frankfurt Audio area.
China Bestsellers in August: ‘Live Streaming’ Drives Sales
New Oriental’s e-commerce ‘live streaming’ product pitches in China are credited with moving books onto the bestseller charts.
German Printing Association: New Warnings About Paper Prices
Alarms raised in many parts of the publishing value change–and from many markets–tell of a deepening crisis.
AAP StatShot June 2022: The US Market Down 1.2 Percent, Year Over Year
Year to date: AAP’s StatShot shows the first six months of of 2022 almost flat for the trade in the USA, down a modest 1.6 percent.
Spain Reports Book Market Growth in 2021: Up 5.6 Percent
The Spanish book market is reporting revenues of €2.5 billion in 2021, a gain of 5.6 percent over 2020, and book sales of 174 million units.
Italian Publishers: A Small Setback in January-June Sales
Despite a 4.2-percent step back in book sales, Italy’s industry sees a 14.7-percent gain over the same period of 2019.
The German Book Market in 2021: Turnover Up 3.5 Percent
Challenges: First half of 2022, the German market has a sales shortfall of 11.1 percent in the local book trade compared to 2019.
An ADIBF Interview: Digital in Dubai, Sail Publishing Masters the Transition
Iman Ben Chaibah launched Sail Publishing 12 years ago as an ebook-first company. She’s since added print books and an online store.