Storytel acquires a majority interest in Iceland’s leading publishing house Forlagið
Storytel AB (publ) (“Storytel”), Northern Europe’s leading audiobook and e-book streaming service, is acquiring a 70 percent majority interest in Iceland’s leading book publishing house Forlagið. The majority seller, Mál og menning Literary Society, will remain a 30 percent minority owner in Forlagið, which will operate independently from Storytel Iceland’s streaming operations on the local market. Since previously, Storytel’s publishing business area in the Nordics includes the renowned publishing houses Norstedts Förlagsgrupp (SWE), People’s Press (DEN) and Gummerus Publishers (FIN).
