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Company type | Public |
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Nasdaq Stockholm: STORY B | |
Industry | Audiobooks |
Founded | 2006 |
Founders | Jonas Tellander Jon Hauksson |
Headquarters | Stockholm, Sweden |
Key people | Bodil Eriksson Torp (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 CEO. [13] In July 2024 it was announced that Bodil Eriksson Torp is appointed new CEO of Storytel Group. [14]