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Non-regulatory press release

Storytel has surpassed 400,000 paying subscribers in Sweden

Less than three months ago, Storytel reached a landmark goal of one million paying subscribers globally. Today northern Europe’s leading streaming service for audiobooks and e-books surpassed another milestone with over 400,000 paying subscribers in Sweden.

August 12th 2019, Storytel reached its historic goal of one million paying subscribers globally. Meanwhile growth has continued unabated in Storytel’s homeland Sweden. Surpassing the milestone of 400,000 paying subscribers today, consolidates the company’s market leading position in the country. 

“We’re growing by leaps and bounds both globally and in Sweden, where the current audiobook wave started thanks to Storytel. With our passion for fantastic stories and technical solutions, we’ve created a unique platform for exciting, emotionally meaningful, and inspiring connections between authors and Swedish readers who want to enjoy their stories anywhere and anytime they want,” says Åse Ericson, Country Manager, Storytel Sweden.

Storytel, founded in 2005 by CEO Jonas Tellander and Jon Hauksson, is Northern Europe’s leading audiobook and e-book streaming service and offers unlimited listening and reading of more than 300 000 titles on a global scale. Storytel operates in 18 markets around the globe and is headquartered in Stockholm, Sweden. Storytel is a digital platform provider as well as a comprehensive publishing group. The streaming business area offers subscriptions for audiobooks and e-books under the Storytel and Mofibo brands. Storytel’s publishing business area is carried out through the publishing houses Norstedts, Massolit, StorySide, Printz Publishing, People’s Press, Rabén & Sjögren, B.Wahlströms, Gummerus Kustannus and Norstedts Kartor. Ztory – a subscribed digital read-all-you-can streaming service for newspapers and magazines is part of Storytel since January 2019. 

FNCA Sweden AB is the company’s certified adviser. FNCA can be reached at info@fnca.se or +46 8 528 00 399.

For further information, please contact:

Dan Panas, Head of Communications, Storytel

Tel: +46 70 186 52 90

 

About Storytel

Storytel is one of the world’s leading audiobook and e-book streaming services and offers unlimited listening and reading of more than 300 000 titles on a global scale. Our vision is to make the world a more empathetic place with great stories to be shared and enjoyed by anyone, anywhere and anytime. Storytel is a digital platform provider as well as a comprehensive publishing group. The streaming business area offers subscriptions for audiobooks and e-books under the Storytel and Mofibo brands. Storytel’s publishing business area is carried out through the publishing houses Norstedts, Massolit, StorySide, Printz Publishing, People’s Press, Rabén & Sjögren, B.Wahlströms, Gummerus Kustannus and Norstedts Kartor. Ztory – a subscribed digital read-all-you-can streaming service for newspapers and magazines is part of Storytel since January 2019. Storytel operates in 18 markets around the globe and is headquartered in Stockholm, Sweden.