Storytel issues 8.8 million class B shares, worth approximately 400 million Swedish krona, with Finnish publisher Otava as one of its new shareholders.
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.
Storytel sees its Q3 revenue ‘slightly above forecast,’ ahead of the opening of Frankfurt’s 250-square-meter Frankfurt Audio area.
New Oriental’s e-commerce ‘live streaming’ product pitches in China are credited with moving books onto the bestseller charts.
Alarms raised in many parts of the publishing value change–and from many markets–tell of a deepening crisis.
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.
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.
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.
Challenges: First half of 2022, the German market has a sales shortfall of 11.1 percent in the local book trade compared to 2019.
Iman Ben Chaibah launched Sail Publishing 12 years ago as an ebook-first company. She’s since added print books and an online store.