Storytel AB (DST)
XFRA 
Summary
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Storytel AB Profile
| Media Industry | Communication Services Sector | Ms. Bodil Eriksson Torp CEO | XFRA Exchange | SE0007439443 ISIN |
| GB Country | 520 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Storytel AB (publ) stands as a distinguished provider of audiobook and e-book streaming services, with its operational footprint spanning across both Nordic and Non-Nordic regions. The company’s business model is segmented into three primary divisions: Streaming Nordics, Streaming Non-Nordics, and Books. Headquartered in Stockholm, Sweden, Storytel has successfully established a strong presence in several key markets, including Sweden, Denmark, the United States, Finland, and the Netherlands, offering a broad range of digital and physical book content to a global audience.
Products and Services
- Subscription-based Streaming Service
At the core of Storytel’s offerings is its subscription-based service for audiobooks and e-books, which is made available under the Storytel and Mofibo brands, alongside Audiobooks.com. This model allows users unlimited access to a vast library of digital books in multiple languages, catering to a wide range of preferences and interests.
- Audiobook Publishing
Through its publishing arm, StorySide, Storytel publishes audiobooks leveraging a rich catalog of content. This allows the company to not only distribute but also create unique audio content, enhancing its product offerings and engaging with listeners by providing exclusive audiobook experiences.
- Physical Books Publishing
In addition to its digital offerings, Storytel has a significant stake in the traditional publishing world. It publishes physical books under esteemed publishing houses such as Norstedts, Printz Publishing, Rabén & Sjögren, B. Wahlströms, Lind & Co, People’s, Gummerus, and Aula & Co. This diversification into physical books allows Storytel to cater to the needs of traditional book readers while bolstering its portfolio with a wide range of literary genres.
