Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Storytel AB (publ)
  6. News
  7. Summary
    STORY B   SE0007439443

STORYTEL AB (PUBL)

(STORY B)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Storytel : partnering with Spotify - making audiobooks even more accessible for Storytel customers

05/20/2021 | 02:01am EDT

Later in 2021, Storytel subscribers will be able enjoy Storytel's library of audiobooks on Spotify by linking the two accounts.

The partnership with Spotify enhances Storytel's distribution and accentuates our vision of making the world a more creative and empathetic place by making stories accessible to anyone, anywhere and at any time. In practise, the partnership means that consumers who sign up for a Storytel subscription will be able to enjoy a world of stories and audiobooks not only via the Storytel platform but also on Spotify.

"We want everyone to have access to great stories, and today Storytel offers more than 500,000 audiobooks on a global basis across 25 markets," said Jonas Tellander, founder and CEO, Storytel. "Partnering with Spotify make amazing audiobook experiences and exciting authorships easier than ever to access for our customers, while we will also be tapping into the opportunity of reaching new audiences who are on Spotify today, but have not yet experienced the magic of audiobooks."

"It is Spotify's goal to be the singular platform for all audio: music, podcasts, live conversations, and now via this partnership, audiobooks," said Courtney Holt, Global Head of Studios, Spotify. "By utilizing the Spotify Open Access Platform, Storytel will be able to deliver its premium audiobooks offering to their audience using Spotify's best-in-class platform, all while retaining direct control over their relationship to their audience."

For more information, please contact:

Dan Panas, Head of Global PR & Communications
Tel: +46 70 186 52 90
Email: dan.panas@storytel.com 

This information is such that Storytel AB (publ) is obliged to disclose in accordance with the EU Market Abuse Regulation (EU nr 596/2014). The information was provided, through the agency of the above contact person, at the time stated in this press release, by Cision.FNCA Sweden AB is the company's certified adviser. FNCA can be reached at info@fnca.se or +46 8 528 00 399.


About Storytel
Storytel is one of the world's largest subscribed audiobook and e-book streaming services and offers listening and reading of more than 500 000 titles on a global scale. Our vision is to make the world a more empathetic and creative place with great stories to be shared and enjoyed by anyone, anywhere and anytime. Storytel's streaming business is conducted under the brands Storytel and Mofibo. Storytel's publishing business area is carried out through the audiobook publisher StorySide and acclaimed Nordic publishing houses such as Norstedts, People's and Gummerus. Storytel operates in 25 markets around the globe and is headquartered in Stockholm, Sweden

About Spotify
Spotify transformed music listening forever when it launched in 2008. Discover, manage and share over 70 million tracks, including more than 2.6 million podcast titles, for free, or upgrade to Spotify Premium to access exclusive features for music including improved sound quality and an on-demand, offline, and ad-free listening experience.
Today, Spotify is the world's most popular audio streaming subscription service with 356m users, including 158m subscribers, across 178 markets.

https://news.cision.com/storytel/r/storytel-partnering-with-spotify---making-audiobooks-even-more-accessible-for-storytel-customers,c3350237

https://mb.cision.com/Main/11546/3350237/1419938.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about STORYTEL AB (PUBL)
09/07EQT : Storytel Proposes New Chair; Shares Jump 7%
MT
09/07EQT : Public Value invests in Storytel - becomes second largest shareholder
AQ
09/07STORYTEL : Stefan Blom is proposed as new Chairman of the Board - and representative of th..
AQ
09/07Storytel AB Announces Executive Changes
CI
09/07STORYTEL : Notice of Extra General Meeting in Storytel AB (publ)
AQ
09/07EQT PUBLIC VALUE INVESTMENTS SARL AC : Story b).
CI
09/06Storytel Announces Executive Appointments
CI
09/06STORYTEL : appoints Johan Ståhle and Mark Pasternak as Head of Product and Head of Technol..
AQ
09/01STORYTEL : Nelson Missier joins Storytel's commercial leadership team as Head of European ..
AQ
09/01Storytel AB Announces Executive Appointments
CI
More news
Financials
Sales 2021 3 183 M 367 M 367 M
Net income 2021 -355 M -40,9 M -40,9 M
Net cash 2021 882 M 102 M 102 M
P/E ratio 2021 -42,6x
Yield 2021 -
Capitalization 15 227 M 1 753 M 1 756 M
EV / Sales 2021 4,51x
EV / Sales 2022 3,73x
Nbr of Employees 513
Free-Float 0,00%
Chart STORYTEL AB (PUBL)
Duration : Period :
Storytel AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends STORYTEL AB (PUBL)
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 223,00 SEK
Average target price 276,67 SEK
Spread / Average Target 24,1%
EPS Revisions
Managers and Directors
Per Jonas Tellander Director, Chief Executive & Development Officer
Sofie Maria Zettergren Chief Financial Officer
Rustan Jehangir Panday Chairman
Mark Pasternak Head-Technology
Mńrta LangÚen Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
STORYTEL AB (PUBL)-17.41%1 752
CHINA LITERATURE LIMITED4.11%8 426
IREADER TECHNOLOGY CO., LTD.-39.23%1 386
MEDIA DO CO., LTD.-32.52%723
D&C MEDIA CO.,LTD.8.56%411
HOLIDAYCHECK GROUP AG6.57%216