Morten Strunge’s Danish podcast start-up Podimo raises $6.7 million in seed funding for September launch

Nowadays we think of Mofibo as the ebook arm of Storytel, but Mofibo has been dominating the European digital books subscription scene since 2013, three years before Jonas Tellander paid $15 million in 2016 to bring the service into the Storytel fold. Now Mofibo founder Morten Strunge is set to take on Apple and Spotify Read More …

Storytel Q4 revenue up 27% in Q4. Streaming revenue up 42%. Subscribers up 48% to 533,000. 15 countries by end 2018

While not yet in profit, Storytel has made impressive gains over Q4 2017, with overall revenue up 27% on the period, while streaming revenue rose 47%. CEO Jonas Tellander confirmed total subscribers now at 533,400, in keeping with a TNPS estimate last month. Storytel has 300,000 Swedish subscribers, a further 250,000 beyond and is aiming Read More …