Storytel’s subscription royalties rose 6.4% in Q2. But is $0.20 per hour enough to keep publishers happy? Does the subscription model have a future?

At the start of this year Storytel changed its remuneration model for publishers, from a fixed payment per unit consumed to a rate per hour of consumption. Under the old model Storytel paid publishers between $1.81-$2.13 per book consumed, which disproportionately rewarded shorter works and penalized longer ones. It’s a debate we are all familiar Read More …

Storytel’s royalty model “rigged and manipulated.” Storm brews over Storytel’s privileged agreement with Bonnier

With Storytel under increasing pressure from rival operators in the Swedish audiobook arena two things were inevitable. First, Storytel’s market share would fall. And consequent on that Storytel would need to review its royalty arrangements for its content suppliers – in this case established publishers, as Storytel does not deal direct with authors as per Read More …