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Weekly News Digest
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November 16, 2021 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.
CLICK HERE to view more Weekly News Digest items.
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Storytel to Acquire Audiobooks.com
Storytel, a Swedish audiobook streaming company, is buying Audiobooks.com from KKR. The terms of the deal were not disclosed, but it is expected to be finalized by the end of December 2021. “Storytel’s acquisition of Audiobooks.com lays the foundations for the company’s expansion into English-language markets and underlines its pronounced growth strategy to launch into large and established audio markets," Storytel notes. The company currently has 1.7 million subscribers in 25 markets. Audiobooks.com is available in 150-plus countries and is a leader in the U.S. audiobook market.For more information, read the press release.
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Brandi Scardilli
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