Bookbeat beats forecast, topping 200,000 subscribers. Revenues up 126%. And a promising start in the Netherlands

With its recent 24-country expansion still too new to have had any impact on the numbers, Bookbeat has never the less delivered a stunning result for Q2, with revenues up 126% on the same quarter in 2018. The full year 2019 target is 100% growth, and with Q2 also seeing the 200,000 subscriber target passed, Read More …

In the audiobook market stakes, Bookbeat takes a surprise lead, adding 24 markets. Total 28. But this isn’t a gamechanger yet

With just 50,000 titles Bonnier’s Bookbeat is no match for Audible or Storytel in volume terms, and we shouldn’t see the sudden leap from 4 to 28 markets as a gamechanger for CEO Niclas Sandin. Sandin himself concedes as much. The press release Sandin optimistically states, We believe that the audio book can become one Read More …

Sweden’s Bookbeat grew 163% to 150,000 in 2018. Targets 250,000 subscribers by end 2019

Swedish streaming service Bookbeat may have put the UK on hold, but it’s still battling for market share in Finland, Germany and homeland Sweden, with Finland performing well. In an interview with Sweden’s Boktugg, Bookbeat CEO Niclas Sandin intimated he expected more growth from Germany in 2019 and that together Germany and Finland might exceed Read More …

Bonnier’s Bookbeat clocks 100,000 subscribers as growth continues, but UK publishers still aren’t interested

A month ahead of schedule, Bookbeat, the audiobook and ebook subscription arm of the Swedish publishing giant Bonnier, has reached its milestone of 100,000 subscribers, reports Boktugg’s Sölve Dahlgren., who says the company is on target to to reach SEK 150 million ($17 million) in revenue for the full year 2018. Bookbeat CEO Niclas Sandin Read More …

As Bokus prepares to launch audiobook-streaming in Sweden, Bookbeat is upbeat about prospects

Akademibokhandel’s subsidiary Bokus will start audiobook streaming in Sweden this spring, going head to head with Storytel, Bookbeat and Nextory. Boktugg reports this week that Bonnier-owned Bookbeat saw revenue rise 283% last year and that it is is hoping to hit SEK 100 million ($12 million) soon, as it adds Spain and Italy to its Read More …