Category: Digital subscription
Sweden’s audiobook subscription service Bokus Play to carry ebooks, launch own e-reader
While audiobooks tend to dominate the headlines about digital books streaming, most subscription...
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Sweden’s Nextory collects $6 million in new funding for European expansion amid “fantastic growth” in audiobook and ebook subscription
Already in Sweden, Finland, Denmark, Germany, Austria and Switzerland, Nextory CEO Shadi Bitar has...
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Sweden’s Norstedts Förlagsgrupp sees digital revenues up 41% in 2019, with 50% from digital and 25% of that from audio
Norstedts, one of Sweden’s largest publishing houses, had its best turnover since 2013 thanks to...
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In USA 80% of music revenue came from streaming as the market grew, with 2019 streaming alone bigger than total market revenue in 2017
It’s hard to remember now but there was a time, and not so very long ago, when music was a...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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