Axiell Media cries foul on OverDrive’s Sweden deal, claiming OverDrive has no agreements with Sweden’s biggest publishers

October was supposed to mark the start of OverDrive’s supply of digital content to Sweden’s public libraries after Overdrive beat domestic front-runner Axial in a lowest-priced bidding war. From TNPS in June: OverDrive wins 4 year contract to supply ebooks to Sweden’s libraries Axiell bought out former market leader Elib in 2015 and seemed in Read More …

Four in ten books sold in Sweden are through a subscription service. But might both print and ebooks be the casualties of the great Scandinavian experiment?

Forty percent of books sold in Sweden are through a subscription service. Total book sales revenue in Sweden increased by 6.2% last year but, perhaps unsurprisingly given the rise and rise of the subscription model in Scandinavia, digital is leading the charge. And traditional bookselling outlets are getting hammered. While there are many upsides to Read More …

Akademibokhandeln and Bokus Play Q2 results hit by investments and Sweden’s heatwave

Sweden’s Akademibokhandeln Holding AB has released its Q2 results and it’s not looking good. Turnover down from 316.7 million kronor in 2017 to 314.9 million kronor ($34 million) this year. Operating profit before depreciation and amortisation decreased from SEK 1.9 million to minus 28.1 million (-$3 million). Profit after tax has decreased from – SEK 28.5 Read More …