FNCA can be reached at +46 8 528 00 399.ĭan Panas, Head Global Communications & PR, Storytel Storytel's management team today consists of 60 percent women and 40 percent men.įNCA Sweden AB is the company's certified adviser. The Storytel app goes live in Israel, Egypt and Saudi Arabia. Storytel acquires the Finnish publisher Aula & Co and a 70 percent majority stake in the Swedish publishing house Lind & Co. Storytel acquires the Israeli audiobook service iCast, as well as an 80 percent majority stake in the Nordic audiobook production company EarSelect.Ģ021 to date: In January Storytel surpasses the milestone of 1.5 million paying subscribers. Storytel also increases its presence in the Asia Pacific region and in Western Europe through launches in Thailand and Belgium. Storytel's expansion continues and reaches Brazil, Germany and South Korea.Ģ020 Storytel acquires its competitor in the Middle East, Kitab Sawti, and creates the world's largest audiobook offering in Arabic. In September, Finland's third largest publisher, Gummerus Kustannus, is acquired. Storytel is listed on Nasdaq First North.Ģ019 In August, Storytel passes a new milestone: one million global paying subscribers. High focus on international expansion with launches on six new markets. Storytel also acquires its Danish audiobook competitor Mofibo.Ģ017 Storytel acquires People's Press, the fourth largest publisher in Denmark.Ģ018 Storytel launches the Storytel Reader tablet. Storytel's CEO Jonas Tellander takes part in the Swedish version of the TV programme "Dragon's Den" and secures financing for the company's continued offensive venture.Ģ011 The first Storytel-produced audiobook is launched on the market.Ģ016 Storytel acquires Norstedts Förlagsgrupp, the second largest publishing group in Sweden. To date, Storytel is launched in 25 markets and intends to encompass 40+ markets by the end of 2023.Ģ005 Jonas Tellander, today the CEO of Storytel, and Jon Hauksson establish the Bokilur audiobook service, which subsequently becomes Storytel.Ģ009 The global financial crisis shakes the world. Today, the company is the Nordic market leader and one of the world's largest streaming services for audiobooks and e-books, with a total of more than 500,000 titles in the service. Storytel was founded in 2005 and became a digital pioneer in the fast-growing global audiobook market. It certainly spurs us in our commitment to investing, developing and creating customized access to the best and most compelling stories and storytelling experiences together with authors, publishers, narrators, readers and listeners", says Åse Ericson, Head of Nordics at Storytel. We are happy and deeply grateful for all the engagement and amazing response we get daily from our users. "Storytel was born in Sweden over 15 years ago and is today synonymous with bookmarket growth in the Nordics. Today, Storytel is happy to announce yet another milestone on its journey of expansion and growth as the company, on 20 July, surpassed 1,000,000 paying subscribers in the Nordics. With an average of 1,626,900 paying customers for the quarter, including an annual Nordic customer base increase of 150,300, the forecast for subscriber growth in the Nordic segment was exceeded. On 7 July, Storytel presented its subscriber and revenue development for the second quarter of 2021.
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