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-OverDrive and Storytel announce agreement to provide 25,000 digital audiobooks to libraries and schools around the world
Readers and students will have access to premium content in 20 languages from world-leading authors.
LONDON, March 11, 2024 /PRNewswire/ -- LONDON BOOK FAIR (Olympia London, United Kingdom) – Today OverDrive, the leading digital reading platform for libraries and schools, announced a global distribution agreement with Storytel, the leading reading service. world audio content subscription. This agreement will offer access to an unparalleled and culturally diverse selection of tens of thousands of premium audiobooks in 20 languages. The collaboration enables the 92,000 libraries and schools in the global OverDrive network to make the catalog available to millions of readers in their communities to discover and enjoy.
London Book Fair attendees can find out more by visiting OverDrive stand 2D88 at Olympia London between 12 and 14 March 2024.
"We are excited to partner with OverDrive to offer our extensive and diverse language catalogs of high-quality audio stories, spanning a wide range of local and international titles to libraries, schools and their users around the world," said Stefanie. Lamprinidi, Head of Expansion Market Catalog Management at Storytel.
A portion of Storytel's global catalogue, more than 25,000 titles produced by Storyside AB, Storytel Publishing NL, Storyside India and Kitab Sawti, will be available to libraries and schools in more than 20 languages, including English, Spanish, Arabic, Portuguese, Marathi, Hindi and many more. Each audiobook is meticulously produced with local narrators, ensuring an authentic and immersive listening experience tailored to each unique culture and language.
OverDrive Founder and CEO Steve Potash added: "We share Storytel's mission to make the world a more empathetic and creative place by providing great stories for anyone, anywhere, anytime to enjoy. This agreement comes "This is a great moment for our libraries and schools around the world. We are especially proud to offer stories that promote cultural experiences and voices from this important catalog of global authors and storytellers."
The addition of Storytel highlights OverDrive's growth trend in providing access to high-quality content and enabling meaningful community engagement for libraries and schools. In 2023, libraries and schools outside of North America continued double-digit circulation growth with corresponding sales growth experienced by publishers participating in these markets. Spending on digital books was led by the e-book format with 51 percent of units purchased, with titles for adult audiences representing the highest percentage (77 percent) of audience spending. Key growth markets for publishers include Australia, Singapore, New Zealand, Germany and Japan.
Digital book genres hot in public libraries around the world: self-help, house and home, and business and finance top 2024 nonfiction trend lists. Fantasy, thrillers, and romance thrive in fiction , with an emerging trend in Gothic fiction. Teens focus on magical realism and action adventures, while children immerse themselves in legends, myths, fables and social issues. Continued demand for materials projects 2024 as another year of increased sales growth.
London Book Fair attendees can find out more about the Storytel catalogue, as well as digital book trends across library and school channels, by visiting OverDrive's stand 2D88 from 12 to 14 March 2024.
About OverDrive United Kingdom OverDrive is a mission-based company supporting libraries. OverDrive, named Certified B Corp in 2017, has a dedicated European team based in the United Kingdom. The company serves more than 92,000 libraries and schools in 115 countries with the industry's largest digital catalog of e-books, audiobooks, videos and other content. OverDrive's commitment to empowering all libraries and schools includes expanding access for all, tireless industry advocacy, and constant innovation. Award-winning apps and services include library reading app Libby, student reading platform Sora, Kanopy, the leading video streaming app for libraries and universities, and TeachingBooks.net, offering one of the largest catalogs of supplementary materials that improve literacy outcomes. Founded in 1986, OverDrive's global headquarters are located in Cleveland, Ohio (USA) www.overdrive.com
Contact: David Burleigh Director of Communications dburleigh@overdrive.com
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