US e-textbook subscription service Cengage hits 1 million subscribers in just 7 months

2019 is definitely shaping up to be the year digital subscription comes of age. Hard on the heels of Scribd announcing its one millionth subscriber – Scribd defies its critics. Hits 1 million subscribers , and with Storytel on target to clear a million subscribers by end 2019 – Storytel Q4 report: Subscribers up 44% Read More …

Storytel prepares Germany launch, consolidating subscription as a serious challenger to the traditional publishing model

It all seemed so implausible at the start of this decade. Ebooks had officially arrived, thanks to Amazon’s Kindle store breathing life into a format that had been around since long before. But it was just a digital extension of the status quo retail model. It was printed books on a screen, not remotely exploring digital’s Read More …

Storytel Q4 report: Subscribers up 44% Y/Y. Streaming sales up 38%. Targets 1.1 million subscribers by end 2019

We won’t know the full story for Storytel 2018 until April, but the Q4 results are out and include an overview of the year, and a clear picture is emerging of consistent and sustainable growth, driven by digital. As I’ll explore in a follow-up report on the Swedish book market, what we are seeing in Read More …