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Storytel

Record result for Storytel

The audiobook company Storytel has for the first time reported revenues exceeding one billion kronor for a single quarter. The company's revenues increased by 9 percent during the fourth quarter to 1,028 million kronor, according to the company's financial report.

Record result for Storytel

Storytel surged on the stock exchange

The Stockholm Stock Exchange, which started the day positively, lost momentum when American inflation statistics were presented in the afternoon. The broad OMXS index then fluctuated just above zero and closed at plus 0.

Storytel surged on the stock exchange

Confusingly difficult to cancel popular subscriptions

It requires eleven steps to successfully cancel Amazon Prime. The giant company is still not the worst in its class when it comes to terminating a service, shows a new report.

Confusingly difficult to cancel popular subscriptions

AI and the Future of the English Book Industry

The physical bookstore continues to lose ground. But the number of titles is predicted to increase – with more AI-read books and more English-language literature, according to a new report on the book industry's development.

AI and the Future of the English Book Industry

Storytel delivers strongly improved result

The audiobook company Storytel significantly improved its results during the second quarter. "By delivering the best result in Storytel's history during this quarter, we are once again demonstrating the effect of our strategy to focus on profitable growth", says outgoing CEO Johannes Larcher in a comment.

Storytel delivers strongly improved result

Upward trend on the stock exchange – report boost for Storytel

The Stockholm Stock Exchange's OMXS index rose slightly on Tuesday. The audiobook company Storytel climbed 7 percent, while Intrum plummeted.

Upward trend on the stock exchange – report boost for Storytel

Eva Swartz Grimaldi has died

Former TV4 top executive and publishing house CEO Eva Swartz Grimaldi has passed away, confirms a representative for the family. "Our beloved Eva Swartz Grimaldi, 68 years old, has after a longer period of illness peacefully fallen asleep at home surrounded by her loved ones.

Eva Swartz Grimaldi has died