With the announcement in December that Amazon-owned Audible was sponsoring the prestigious Sunday Times Short Story Award came the prospect that the winners would not just earn some extra cash but would have their entries published as an audiobook that would reach a still wider audience. Which all sounds great. The Sunday Times Short Story Read More …
Ever since the first hints were dropped that CreateSpace was not long for this world and indie authors would be shunted into KDP Print there has been a question mark over publishing books in foreign languages. While Amazon may seem to be a global player, actually it is no such thing, and much of its Read More …
Storytel’s Mexico launch today comes with a surprise bonus. Full Latin America reach. When TNPS broke the news in the Anglophone industry media that Storytel was looking at the Latin America markets I noted Brazil, Argentina, Colombia and Mexico were frontrunners for Storytel’s LatAm expansion. Storytel’s Latin American ambitions. Brazil, Mexico, Argentina and Colombia for Read More …
Impossible to second-guess why this took so long – the expectation was early 2018 – but Amazon has finally launched a beta version of Audible in India, and it has stuck to its standard model despite an almost year long head start by rival Storytel. Sweden’s Storytel beats Amazon’s Audible to the India audiobook market Read More …
This is Storytel’s global reach as we start October 2018: Sweden, Norway, Denmark, Finland, Iceland, Netherlands, Poland, Russia, Spain, India, United Arab Emirates, Turkey and Italy, with imminent launches in Bulgaria and Mexico, and a Brazil launch unconfirmed but looking likely. With the exception of Italy, none are countries where Amazon’s Audible is an active Read More …
Here’s a summary of TNPS posts from the past seven days. UK’s Bradford Lit Fest and USA’s Washington National Book Fest see record attendance Sharjah Publishing City sponsors Nigerian literature award Ireland: “A buoyant time for publishing. One of today’s most vibrant book markets.” Sweden-based Arabic-language audiobook firm Kitab Sawti attracts new investment Peru exempts Read More …
Not content with its Latin America ambitions, with a Mexico launch set for December, and a Brazil launch looking likely in the New Year, Storytel has announced the next stage of its Asia expansion is underway. To start with it’s an office in Bangkok, which will be used to coordinate expansion across the continent as Read More …
A month ahead of schedule, Bookbeat, the audiobook and ebook subscription arm of the Swedish publishing giant Bonnier, has reached its milestone of 100,000 subscribers, reports Boktugg’s Sölve Dahlgren., who says the company is on target to to reach SEK 150 million ($17 million) in revenue for the full year 2018. Bookbeat CEO Niclas Sandin Read More …
The Bookseller breaks the news today that Amazon’s Audible UK has partnered with the London Academy of Music and Dramatic Arts (LAMDA) in a three year deal worth £150,000 ($195,000). Explains The Bookseller, The two organisations will develop the next generation of acting talent through scholarships and training opportunities in audio entertainment, while original audio Read More …
Russia’s ebook giant LitRes is seeing 46% growth this year as enthusiasm for the format grows, but overall ebooks are still just 6% of the Russian book marker, reports Eugene Gerden for Publishing Perspectives today. Russia’s Growing Ebook and Audiobook Sales in First Half of 2018 According to Gerden, LitRes says its ebook sales through Read More …
Storytel today goes live in its thirteenth market, as Italy joins hands with Sweden, Norway, Denmark, Finland, Iceland, the Netherlands, Poland, Russia, Spain, India, the United Arab Emirates and Turkey. Launches in Bulgaria and Mexico planned for later this year. Regulars here at TNPS will not be surprised by the Italy launch, which I first Read More …
Unconfirmed rumours in the Indian press suggest Amazon is readying its in-beta Audible India launch for November, to mark the India celebration of Diwali. If true the timeline will catch many by surprise. Amazon is believed to have started progressing Audible India in early 2017 and The Times of India reported Audible IN was widely Read More …
Storytel has, in accordance with EU regulations, announced its latest refinancing arrangement with Swedbank as it looks to further expansion. From the press release (July 7): Storytel has entered a new loan agreement with Swedbank today which involves the granting of a further 200 MSEK, of which 100 MSEK may be put to use immediately, Read More …
Storytel has confirmed its plans to launch in Latin America, with Mexico first in line. As revealed here on TNPS a month ago, Storytel has been talking with publishers across Latin America – Storytel’s Latin American ambitions. Brazil, Mexico, Argentina and Colombia for 2019? and in an unusual move for Storytel it has made a Read More …
Along with the Storytel Q1 2018 financial report today comes news that the Swedish audiobook company is about to elevate its ebook arm from a sideshow to mainstream. Storytel Reader is an e-reading device that will be launched in Sweden, Denmark and Finland shortly, with other Storytel markets to follow. Storytel CEO Jonas Tellander explained, Read More …
With the Storytel Spain launch in 2017 it was really just a matter of time before Jonas Tellander’s attention turned to Latin America. Now it seems that time is upon us. With Iceland and UAE launched already this year, Turkey imminent, and Italy and Bulgaria both lined up, the promised five new Storytel countries for Read More …
Storytel continues to put clear blue water between itself and its biggest rival, Audible, as it launches in its eleventh territory. And contrary to expectations it is the UAE, not Turkey, that becomes the second new Storytel nation of 2018. Earlier this year Storytel launched in Iceland – Storytel launches in Iceland. Italy, Bulgaria and Turkey Read More …
Amid the overall success story of the rising Russian audiobook market, one company stands out for exceptional achievement. Storytel only established its office in Russia in June 2017 and did not become fully active until December, yet is already claiming 15% of the market, equal to better-established rival Patefon, and ahead of all the other Read More …
The Hot Sheet is a publishing industry news-sheet for authors, produced every two weeks by Porter Anderson and Jane Friedman, and reviewed here every other Sunday as one of the best bi-weekly industry overviews available to authors. We’re not interested in delivering breaking news, but perspective on stories that are likely to retain meaning for your long-term decision Read More …
While not yet in profit, Storytel has made impressive gains over Q4 2017, with overall revenue up 27% on the period, while streaming revenue rose 47%. CEO Jonas Tellander confirmed total subscribers now at 533,400, in keeping with a TNPS estimate last month. Storytel has 300,000 Swedish subscribers, a further 250,000 beyond and is aiming Read More …
