Which brands are included in Storytel:
Storytel does not include other brands
What Storytel makes:
Service of electronic and audio books.
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Who has not left the Russian market? March 4, 2022 - official source (Storytel):
"Storytel is suspending its activities in Russia until further notice
Storytel AB (publ) (“Storytel”) is deeply concerned about the current war in Ukraine and the humanitarian crisis it is causing. Therefore, Storytel will suspend its activities in Russia until further notice, including the cessation of production of all content and the acquisition of new content in Russia.
The perpetrator stands together with the Ukrainian people, who are suffering from the consequences of the war. Storytel employees around the world are deeply committed to helping deeply affected citizens, and we are currently coordinating a number of initiatives through our government organization in Poland, which has a direct border with Ukraine and is directly exposed to significant refugee flows.
Storytel's vision is to make the world a more responsive and creative place with great stories that everyone, anywhere, anytime can share and enjoy. For the first time since its inception, we are suspending sales, marketing, production, business development and content investment in a key market. One can only regret that this affects the passionate and book-loving Russian people.
Storytel will continue to closely monitor and evaluate developments and maintain a dialogue with all stakeholders. ”
Source
March 4, 2022 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status according to the analysis: suspend operations in Russia
Source
What did not come out of the Russian market? On March 12, 2022, the Telegram channel of the Russian division turned 1:
“Important information for all our subscribers: the application is available to current users and the subscription can be extended
Here's how to do it:
1) Listen until the end of the paid period and resubscribe through our site, if you previously had a subscription through the AppStore or Play Market,
2) Replace in the AppStore / Play Market settings - the method of payment for payment from a mobile phone account.
Our support service is working and always ready to help, write"
Source
March 13, 2022 - Office:
“Storytel continues to operate in Russia
But users of the service will need to change the method of payment for the subscription
The international audiobook service is still available in Russia. The application continues to work, existing users can continue their subscription, the telegram informs. At the same time, there was no official notification regarding the resumption of activities on the territory of the country."
Source
March 13, 2022 - e prime feed (in English):
“Storytel continues to operate in Russia
But users of the service will need to change the method of payment for the subscription
The international audiobook service is still available in Russia. The application continues to work, existing users can continue their subscription, the telegram informs. At the same time, there was no official notification regarding the resumption of activities on the territory of the country."
Source
Has Storytel left the Russian market? August 23, 2022 - economic truth:
"The Swedish electronic and audio book service will stop working in the Russian Federation on October 1.
We have sad news - you will be able to continue using the application only until September 30 this year, from October 1 the application will become unavailable," the company said.
The company is one of the world's largest electronic and audiobook subscription services. He has been working in Russia since 2017, but in March 2022 he announced the suspension of activities on the territory of the Russian Federation."
Source
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