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Storytel

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Storytel AB is a Swedish audiobook streaming subscription service based in Stockholm, Sweden.

It competes with Audible and is available in more than 20 countries.[1]

History

It was founded in 2006 by Jonas Tellander and Jon Hauksson.[2]

Storytel bought Swedish largest book publisher Norstedts in 2016.[3]

The service expanded to Russia, Spain, India and the United Arab Emirates in 2017.[3]

In July 2020, it acquired a 70 percent stake in Icelandic publishing house Forlagið.[4]

In January 2021, it surpassed 1.5 million paid subscribers mark.[5]

References

  1. ^ "Audiobook streamer Storytel sees pandemic spurring subscriber growth". Business Insider.
  2. ^ https://www.publishersweekly.com/pw/by-topic/international/international-book-news/article/80101-sweden-s-storytel-continues-its-global-expansion.html
  3. ^ a b Staff, Reuters (March 24, 2017). "Sweden's Storytel to enter four new markets" – via www.reuters.com. {{cite web}}: |first= has generic name (help)
  4. ^ "Storytel Purchases Majority Share in Forlagið, Iceland's Largest Publisher". July 3, 2020.
  5. ^ "Storytel has surpassed the milestone 1.5 million paying subscribers". Storytel.