Storytel aspires to be the global market leader in storytelling, whilst having a local presence and a personalized customer experience. Working with the customer in mind, we leverage modern technology to distribute high quality content on a digital platform, enriching individuals’ everyday lives. We love stories in any format and connect authors, narrators and readers. We set stories free around the world and promote enjoyment, learning and empathy and provide the opportunity to consume stories anytime, anywhere and anyhow.
The Storytel Group
Storytel is a digital platform provider as well as a comprehensive publishing group for both content creators and users allowing the company to bring together the best of technology and publishing. By focusing on making stories available on a digital platform, Storytel’s users can reap the benefits of reading in a way that fits into a modern lifestyle and makes reading feel simple and enjoyable. In the past four years, Storytel has had a compound annual growth rate (“CAGR”) of 62%, has grown the subscriber base from just above 100,000 subscribers in 2014 to nearly 800,000 subscribers in 2018. Storytel aims to reach 1,100,000 paying subscribers by the end of 2019. In the same period, the number of employees has grown from around 30 to over 500 employees in the Group and Storytel has expanded to more than 15 markets. Storytel has been producing its own audiobooks and e-books since 2013, and in 2018 Storytel produced more than 5,000 audiobooks in 17 different languages.
The Print Publishing division comprises physical book imprints such as Norstedts, Massolit, Printz Publishing, the Danish publisher People’sPress, Rabén & Sjögren and B. Wahlströms, as well as Norstedts Kartor AB and book clubs. Through its publishing imprints, the Storytel Group is now a well-known physical publisher and literary agency in Europe, especially in the Nordic countries. One of the most successful authorship has been Stieg Larsson and the Millennium Series. The latest published book, Millennium 5 was released simultaneously in 26 countries.