Is the Frankfurt Book Fair responsible for a 40% drop in Norwegian fiction sales in April?

Denmark’s publishing industry journal BogMarketed has an interesting take on plummeting fictions sales in Norway. Amid suggestions from some quarters that audiobooks may be to blame for the collapse in fiction sales in Norway last month comes an improbable but not implausible explanation. New figures from the Publishers’ Association show an alarming decrease of 39% Read More …

Norwegian online bookstore wins Finland’s Dragon’s Den variation Polar Bear Pitching with an icy proposition

Most people reading this will know of the TV series Dragon’s Den, or Shark Tank, or any of thirty localised variations of the show where entrepreneurs pitch their business ideas to risk-averse investors. Originating in Japan as Money Tigers, Dragons Den has been reproduced around the globe from Afghanistan to Vietnam, and occasionally publishing opportunities Read More …

As Norway bucks the Scandinavian trend, preferring print bought offline, TNPS asks: Do the smaller book markets really have anything to fear from Amazon?

A new report, Art in Numbers, from the Norwegian Cultural Council observes 88% of fiction and 75% of non-fiction is consumed in print via Norway’s high street stores, in stark contrast to neighbouring Sweden where streamed audiobooks and ebooks are the trend. Trine Stensen, CEO of the Norwegian Bookstores Association, explained, That the physical bookstore Read More …

9 out of 10 Norwegians read books. 3 out of 4 buy from physical book stores. 7 out of 10 ebooks read in Norway are English language

Norwegians are buying more books than two years ago, according to a new survey released this week by the country’s Publishers’ Association and Bookstores Association. Some 74% of the respondents buy from bricks and mortar stores, up 3% on the 2015 figures. But 44% have bought online, up 5%. Audiobooks are of course up too, Read More …

Is Sweden’s Storytel worth more than the entire Norwegian book market?

That’s the intriguing claim made over at Norway’s trade journal Bok365 this week as it reports Storytel’s market capitalisation has increased by 45% this year. Asserts Bok365: Storytel AB alone now has greater market capitalization than the entire Norwegian book industry. Bok365 puts Storytel’s latest valuation at SEK 5 billion ($602 million), which as Bok365 Read More …