According to figures released by the Publishers Association and revealed by The BookSeller, there has been considerable growth in audiobook and fiction sales in the UK during the first six months in 2020 compared to the same period for the preceding year. Specifically, audiobook sales during the first half of the year witnessed a sharp 71 percent growth compared to the same … [Read more...] about Audiobooks are growing like crazy in the UK
Audiobook News
Turkey’s largest audiobook platform planning to go bigger with fresh investment
Having secured 515,000 euros in fresh funding, the Turkish audiobook platform, Dinlebi is now planning to expand its operations both within the country and outside. As it is, Dinlebi already happens to be the largest audiobook service provider in Turkey and the latest investment will help it grow further.As Daily Sabah reported, the fresh round of investment was led by Adem … [Read more...] about Turkey’s largest audiobook platform planning to go bigger with fresh investment
Former US President Obama nominated for Grammy awards for audiobook A Promised Land
Former US president and two-time Grammy award winner Barack Obama have been nominated for the third time for his audiobook A Promised Land. The audiobook has been pitched in the ‘Best Spoken Word Album’ category, HuffPost reported. Others in contention in the same category include Dave Chappelle, LeVar Burton, and Don Cheadle.Obama had earlier been awarded the Grammy back … [Read more...] about Former US President Obama nominated for Grammy awards for audiobook A Promised Land
Spotify to spend $3.5 billion on enhancing podcast and audiobook experience
Spotify is increasingly turning to audiobooks and podcasts to achieve its future growth targets. Towards that, Spotify CFO Paul Vogel said they have earmarked a budget of $3.5 billion which they intend to spend in enhancing its podcast and audiobook offerings.The process is already underway at Spotify, something exemplified by the recent acquisition of Findaway. This makes … [Read more...] about Spotify to spend $3.5 billion on enhancing podcast and audiobook experience
Yen Press to launch three Audiobook series in 2022
Yen Press said they will be introducing three new audiobook series in 2022. As The Outer Haven reported, there is going to be the Spice & Wolf that is set for launch on March 2022 while So I'm a Spider, So What? is scheduled for launch on April 2022. Lastly, there is going to be the Rascal Does Not Dream of Bunny Girl Senpai that would be launched around June 2022. Yen … [Read more...] about Yen Press to launch three Audiobook series in 2022
Scribd injects fresh talent to achieve higher growth
Scribd announced they are making some changes at the top level that is aimed at placing the company on a higher growth trajectory. Four new members have been appointed to the Executive Leadership team who will be responsible for improving product and technology, providing strategic direction to the company's growth as well as securing and retaining the best talents at all … [Read more...] about Scribd injects fresh talent to achieve higher growth
Kobo Plus subscription program is now available in Italy
Kobo Plus is an subscription service in Italy. This program gives booklovers unlimited access to hundreds of thousands of eBook and Kobo Audiobook titles for as little as €9,99 per month, in partnership with Mondadori Store. Digital content can be read or listened to on the Kobo apps for Android or IOS, or their new e-readers, the Kobo Sage, Libra 2 and Elipsa. Everything is … [Read more...] about Kobo Plus subscription program is now available in Italy
Will audiobooks surpass eBooks in popularity?
Audiobooks are all the craze these days. The pandemic brought into focus eBooks and audiobooks which came across as a no-contact means of accessing new reading material. However, while the eBook craze seems to have somewhat frittered away, demand for audiobooks continues to be steady and strong.With the pandemic easing a bit and bookstores across the world getting back to … [Read more...] about Will audiobooks surpass eBooks in popularity?
Storytel is entering the US market with acquisition Audiobooks.com
Storyel is quickly becoming one of the largest audiobook and ebook subscription services. They got their start in 2006, primarily marketing their services in the Nordic countries. Over the years they have made a few minor acquisitions, primarily to get access to more titles. They currently operate in 25 different countries, such as Russia, Spain, India and the United Arab … [Read more...] about Storytel is entering the US market with acquisition Audiobooks.com
Spotify Acquires the largest audiobook wholesaler Findaway
Findaway has been in business since 2005 and they are the largest wholesale distributor of audiobooks. They have over 350,000 titles in their catalog and power the digital collections of Scribd, Nook Audiobooks, Kobo, Storytel, Google Audiobooks and a myriad of others. One of the leading growth avenues have been their "Voices" system, which allows indie authors to quickly find … [Read more...] about Spotify Acquires the largest audiobook wholesaler Findaway
You can now sideload audiobooks on the Kobo Sage, Libra 2 and Elipsa
The Kobo Elipsa, Sage and Libra 2 all have an audiobook player and users can buy content directly from the Kobo Store and listen to content with a pair of Bluetooth headphones or an external speaker. When Kobo announced these products, they said that audiobooks only work with content purchased from Kobo and does not work with sideloaded content. This is not the case, you can … [Read more...] about You can now sideload audiobooks on the Kobo Sage, Libra 2 and Elipsa
eBook revenues were down 12.3% in August
Digital book revenues were down for the 4th month in a row in the United States, as they fell 12.3% in August and the format generated $88.3. For the first 8 months of 2021 revenues were down 4.0% as compared to the first eight months of 2020 for a total of $718.0 million. Digital audiobooks was up 9.6% for August, coming in at $64.3 million in revenue. Physical Audio was down … [Read more...] about eBook revenues were down 12.3% in August
SK C&C launches online platform for ease in audiobook production
The South Korea-based SK C&C has introduced an online platform that serves to provide audiobook makers easy access to information and other resources needed to create an audiobook. The platform, as AJU Daily reported, will contain a database of professional audiobook producers, writers, and voice artists. Plus, there is going to be information about the recording facilities … [Read more...] about SK C&C launches online platform for ease in audiobook production
