Finland and Germany were the first markets added Nextory, the Stockholm-based unlimited-subscription service for ebooks and audiobooks.
Surprise and rumors have followed recent withdrawals of Penguin Random House audiobooks from unlimited subscription services.
Now with South Korea among its markets, Storytel launches its media center Clipsource and projects 1,079,000 subscribers worldwide for this quarter.
‘About 90 percent of our Arabic catalog is our own content,’ says Ammar Mardawi, the country manager for Storytel Arabia.
Finland’s third largest publisher has been acquired by Sweden’s Storytel. In Iceland this week, the UK’s Ian McEwan is the first recipient of a new award.
VKontakte, the most popular social network in Russia with 100 million active users, is working with book publishers to offer audiobooks to its network as early as next month.
The Russian ebook distributor LitRes reports 45-percent growth year-over-year in ebook sales for the first half of this year. And Storytel, which ended its first year in May in the market, cites digital access over vast distances as a driver.
As Sweden’s Storytel prepares to enter the Mexican market, a set of challenges awaits, from building the habit of audiobook listening to bringing aboard regional publishers.
Creating original serialized content—as in the case of streaming on-demand services such as Amazon Prime and Netflix—holds the key to success for audiobook subscriptions, says Storytel España in a new report.
Reflecting a number of trends in international publishing, the upcoming CONTEC Mexico conference looks at how trends such as audiobooks and open access are playing out in Latin America and across the globe.