Storytel US (aka Audiobooks.com) has “seen a lot of tailwinds because of Spotify’s entry. They have essentially made the cake much bigger by converting their own music listeners to also listening to audiobooks. And that is a very positive impact on that entire industry” – Peter Messner, CFO Storytel.
Hat-tip to Carlo Carrenho for picking that line out from the latest Storytel results.
Watch out for a full TNPS analysis shortly.
