Mofibo

Storytel Group appoints Kristin Widell as Chief People Officer

Retrieved on: 
Tuesday, November 22, 2022

STOCKHOLM, Nov. 22, 2022 /PRNewswire/ -- Today, Storytel announced the appointment of Kristin Widell as Chief People Officer of the Storytel Group.

Key Points: 
  • STOCKHOLM, Nov. 22, 2022 /PRNewswire/ -- Today, Storytel announced the appointment of Kristin Widell as Chief People Officer of the Storytel Group.
  • In assuming her new role as Chief People Officer (CPO) of the Storytel Group, Kristin will leave the AI software company Peltarion, where she was Director of People Operations and member of the management team.
  • I want to extend my warmest welcome to Kristin on behalf of Storytel," says Johannes Larcher, CEO, Storytel.
  • The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and Audiobooks.com.

Storytel announces its intention to carry out a directed share issue through an accelerated book building process

Retrieved on: 
Wednesday, November 9, 2022

STOCKHOLM, Nov. 9, 2022 /PRNewswire/ -- Storytel AB (publ) ("Storytel" or the "Company") hereby announces its intention, with deviation from the shareholders' preferential rights, to carry out a directed issue of class B shares, corresponding to approximately SEK 400 million through an accelerated book building process (the "Directed Issue").

Key Points: 
  • STOCKHOLM, Nov. 9, 2022 /PRNewswire/ -- Storytel AB (publ) ("Storytel" or the "Company") hereby announces its intention, with deviation from the shareholders' preferential rights, to carry out a directed issue of class B shares, corresponding to approximately SEK 400 million through an accelerated book building process (the "Directed Issue").
  • Storytel has engaged ABG Sundal Collier AB and Swedbank AB (publ) to explore the conditions for completing the Directed Issue through an accelerated bookbuilding procedure to be commenced immediately.
  • The book building process will commence immediately and will end before trading on Nasdaq First North Growth Market commences on 10 November 2022.
  • The Board of Directors may decide to extend or shorten the application period and can at any moment decide to terminate the book building process and thus refrain from conducting the Directed Issue.

Storytel's streaming revenue slightly above forecast for Q3 2022

Retrieved on: 
Friday, October 7, 2022

STOCKHOLM, Oct. 7, 2022 /PRNewswire/ -- Streaming revenue in the Nordics for the third quarter of 2022 came in at 493 MSEK, in line with forecast. The average number of paying subscribers for Q3 in the Nordic segment was 1,129,000 which represents an annual increase of 10 percent and corresponds to +105,000 subscribers compared to Q3 2021.

Key Points: 
  • **Includes Russian operations which is phased out as of Q3 2022.
  • This information is such that Storytel AB (publ) is obliged to disclose in accordance with the EU Market Abuse Regulation (EU nr 596/2014).
  • Storytel is one of the world's largest audiobook and e-book streaming services and offers over a million titles on a global scale.
  • The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and Audiobooks.com.

Storytel secures partnerships with leading publishers in France

Retrieved on: 
Tuesday, September 27, 2022

Storytel has now secured new agreements with the publishers Hachette Livre, Madrigall, Editis and Actes Sud amongst others.

Key Points: 
  • Storytel has now secured new agreements with the publishers Hachette Livre, Madrigall, Editis and Actes Sud amongst others.
  • I am thrilled that we have secured partnerships with some of the best publishing houses with reach and respect beyond French borders.
  • Together, we will offer a unique and immersive proposition to French book lovers", says Helena Gustafsson, Chief Content Strategy Officer at Storytel.
  • The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and Audiobooks.com.

Storytel appoints Johannes Larcher as new CEO and announces proposed changes to the Board of Directors

Retrieved on: 
Thursday, August 25, 2022

"I am excited to announce the appointment of Johannes Larcher as the new CEO of Storytel.

Key Points: 
  • "I am excited to announce the appointment of Johannes Larcher as the new CEO of Storytel.
  • I look forward to welcoming Johannes Larcher to Storytel and to continue to shape the future audiobook market," says Ingrid Bojner, acting CEO.
  • Storytel's nomination committee has today also informed the Company that it has resolved to propose changes to Storytel's Board of Directors.
  • "We are pleased to welcome Jared Grusd, Lina Brouneus and Lutz Finger to the Storytel Board of Directors.

Storytel appoints Johannes Larcher as new CEO and announces proposed changes to the Board of Directors

Retrieved on: 
Thursday, August 25, 2022

"I am excited to announce the appointment of Johannes Larcher as the new CEO of Storytel.

Key Points: 
  • "I am excited to announce the appointment of Johannes Larcher as the new CEO of Storytel.
  • I look forward to welcoming Johannes Larcher to Storytel and to continue to shape the future audiobook market," says Ingrid Bojner, acting CEO.
  • Storytel's nomination committee has today also informed the Company that it has resolved to propose changes to Storytel's Board of Directors.
  • "We are pleased to welcome Jared Grusd, Lina Brouneus and Lutz Finger to the Storytel Board of Directors.

Storytel's streaming revenue for Q2 2022 in line with forecast

Retrieved on: 
Thursday, July 7, 2022

This information is such that Storytel AB (publ) is obliged to disclose in accordance with the EU Market Abuse Regulation (EU nr 596/2014).

Key Points: 
  • 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 below contact persons, at the time stated in this press release, by Cision.
  • Storytel is one of the world's largest audiobook and e-book streaming services and offers over a million titles on a global scale.
  • The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and Audiobooks.com.

Storytel submits letter of commitment to Science Based Targets initiative

Retrieved on: 
Monday, April 4, 2022

STOCKHOLM, April 4, 2022 /PRNewswire/ -- Storytel, one of the world's largest streaming services for audiobooks and e-books, has submitted a letter of commitment to the Science Based Targets initiative (SBTi).

Key Points: 
  • STOCKHOLM, April 4, 2022 /PRNewswire/ -- Storytel, one of the world's largest streaming services for audiobooks and e-books, has submitted a letter of commitment to the Science Based Targets initiative (SBTi).
  • In connection with Storytel's 2021 Sustainability Report, the company announced that a letter of commitment has been submitted to the Science Based Targets initiative (SBTi).
  • "Storytel is proud to announce our commitment to the Science Based Targets initiative which also reflects our mission to contribute to a more sustainable world.
  • Once committed, Storytel will become one of over 2,000 companies that have committed or set goals in accordance with Science Based Targets.

Storytel pauses its Russian operations until further notice

Retrieved on: 
Friday, March 4, 2022

STOCKHOLM, March 4, 2022 /PRNewswire/ -- Storytel AB (publ) ("Storytel") is deeply concerned about the current war in Ukraine and the humanitarian crisis it is causing.

Key Points: 
  • STOCKHOLM, March 4, 2022 /PRNewswire/ -- Storytel AB (publ) ("Storytel") is deeply concerned about the current war in Ukraine and the humanitarian crisis it is causing.
  • Storytel will therefore pause its operations in Russia until further notice, including halting all content production and new content acquisitions in Russia.
  • Storytel stands with the Ukrainian people suffering the consequences of the war.
  • The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and Audiobooks.com.

Jonas Tellander to step down as Storytel CEO - search process for a new CEO initiated

Retrieved on: 
Thursday, February 17, 2022

Deputy CEO Ingrid Bojner will step in as Interim CEO of Storytel, as the Board initiates the search process for a new CEO.

Key Points: 
  • Deputy CEO Ingrid Bojner will step in as Interim CEO of Storytel, as the Board initiates the search process for a new CEO.
  • Jonas Tellander has been the CEO of Storytel since 2005, when he founded the company together with Jon Hauksson.
  • It's time for new leadership at Storytel, seventeen years of full focus on Storytel has taken its toll.
  • Over time, I also strive be a strong and genuine voice in society in matters concerning reading and entrepreneurship," said Jonas Tellander, CEO and founder of Storytel.