Category: Digital subscription
Storytel raises $96.5 million in new funding. A vote of confidence in the unlimited subscription model, not just the company
In a heavily oversubscribed surprise share issue late Thursday, Storytel raised SEK 948 million...
Read More
Subscription accounted for 48% of Sweden’s book sales in 2019 as print book sales fell. The tipping point nears
It also seemed so unlikely, even in 2015, ten years after Storytel was founded. Back then Storytel...
Read More
YouScribe launches in Burkina Faso as African expansion continues. You can’t put the digital subscription genie back in the bottle
With over half a billion Africans online it was always just a matter of time before digital...
Read More
Following an “incredible” 2019, Sweden’s Bookbeat preps fifth market with Denmark launch planned
There’s a widespread belief in the US publishing industry that micro-markets – that is...
Read More
New York Times hits 5 million subscribers and $800 million in digital revenue. Targets 10 million subscribers by 2025. You can’t put the subscription genie back in the bottle
With $800 million in digital revenue last year, the New York Times also topped 5 million...
Read More
24Symbols is “live and growing” and “cash-flow positive”. The voluntary administration of parent company BestSharer “is not a liquidation process”
Earlier this week TNPS broke the news that BestSharer S.L., the parent company of Madrid-based...
Read More
The future of 24Symbols in question as parent company BestSharer goes into administration
This is a breaking news story that we’ll try update as details come in, but TNPS has learned...
Read More