 | |
| Company type | Public |
|---|---|
| Nasdaq Stockholm: STORY B | |
| Industry | Audiobooks |
| Founded | 2006 |
| Founders | Jonas Tellander Jon Hauksson |
| Headquarters | Stockholm, Sweden |
Key people | Johannes Larcher (CEO) |
| Website | storytel audiobooks |
Storytel AB is a Swedish e-book and audiobook subscription service based in Stockholm. It is available in more than 25 countries. [1] Its English audiobook service Audiobooks.com is available in more than 150 countries. [2]
Storytel was founded in 2006 by Jonas Tellander and Jon Hauksson. [3]
In 2016, Storytel acquired Norstedts förlag, one of Sweden's largest book publishers, and Mofibo, a Danish book service. [4] [5] The following year, Storytel acquired People's Press, another Danish publisher, and expanded its operations to Russia, Spain, India, and the United Arab Emirates. [6]
In 2018, Storytel acquired Seslenen Kitaplar, a Turkish audiobook service. [7] A year later, in 2019, it acquired Gummerus, Finland's oldest publishing house. [8]
In July 2020, Storytel acquired a 70 percent stake in Forlagið, an Icelandic publishing house. [9]
In November 2021, Storytel acquired Audiobooks.com from RBMedia for $135 million. [10] [11]
In February 2022, Jonas Tellander stepped down as the CEO for personal reasons and joined the board of directors. [12] In August 2022, Johannes Larcher, formerly an executive at HBO, was appointed as the new CEO. [13]
Warner Media, LLC was an American multinational mass media and entertainment conglomerate owned by AT&T. It was headquartered at the 30 Hudson Yards complex in New York City.
Audible is an American online audiobook and podcast service that allows users to purchase and stream audiobooks and other forms of spoken word content. This content can be purchased individually or under a subscription model where the user receives "credits" that can be redeemed for content monthly and receive access to a curated on-demand library of content. Audible is the United States' largest audiobook producer and retailer. The service is owned by Audible, a wholly-owned subsidiary of Amazon.com, Inc., headquartered in Newark, New Jersey.
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