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.
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.
Nathan Hull at Beat Technologies introduces his new Fabel platform for publishers to sell ebook and audiobooks directly to consumers.
Anticipating a combined pro forma cash revenue of US$3,157 million, the new entity will take McGraw-Hill’s name, the deal expected to close by early 2020.
Education content subscription model Cengage Unlimited has sold more than one million subscriptions since August 2018, according to preliminary data from Cengage.
The frustration with higher VAT for ebooks than print books may finally be over Poland as legislation is proposed to drop the rate from 23 to 5 percent.
A ‘fast follow’ is planned for Spanish-language regions for Wattpad Next payments, now beta-testing in the USA. Cengage Unlimited adds another university.
Peirene Press founder Meike Ziervogel is spending a year in Beirut to learn the language and translate more of the region’s literature into English.