Bonnier’s BookBeat reports 97% growth against fierce competition from Storytel. German investment next. UK still on the backburner

While US and UK publishers watch the Scandinavian experiment from a safe distance, a mixture of envy and fear in their eyes, Sweden’s BookBeat goes from strength to strength, leaving no doubt that, whatever publishers may feel about the subscription model, consumers love it. Bookbeat’s June, July and August revenue grew 97% compared to 2017, Read More …

As Bonnier’s Bookbeat puts its UK venture on ice, revenues are up and its profitability in both Sweden and Finland

Hard on the heels of Storytel’s Q1 results comes news that rival operator Bookbeat saw a 130% revenue growth in Q1 2017. This after a 280% increase in revenue in 2017. Bookbeat, the digital arm of Sweden’s Bonnier, still draws most of its revenue from Sweden, but reported profitability in both Sweden and Finland. Said Read More …

Bonnier’s Bookbeat headhunt’s Amazon Audible’s finest for Bookbeat Germany

Back in September Bonnier’s audiobook arm Bookbeat added Germany to its portfolio of satellite sites in Finland and the UK and its home base in Sweden. This week comes news that Bookbeat has headhunted Amazon Audible Germany’s Kathrin Rüstig to head Content and Publisher Relations at the Bookbeat DE operation. In doing so Bonnier doesn’t Read More …