Nubico e-book platform sold to Nextory
Telefonica has just sold its Nubico e-book service to Nextory, a Swedish company. The platform was initially developed in 2013 and currently offers an unlimited platform, with a library of 50,000 books and 80 magazines for € 8.99 per month. Nextory will continue to offer the stand-alone service in Spain and fill it with hundreds of thousands of audiobooks and e-books, while maintaining a close working relationship with Grupo Planeta and Telefónica.
Nextory was launched in Sweden in 2015 and has since expanded to Finland, Denmark, Germany, Austria, Switzerland, the Netherlands and Norway. They have a number of apps for Android and iOS, also operate an unlimited subscription system, and have a massive catalog of 300,000 audiobooks and ebooks.
One of the differences between Nextory and its rival Storytel is its different subscription levels, the costs of which vary. In the cheapest package, you wait six months to read new releases and can read and listen to thousands of backlisted tracks. In the gold tier, new titles are available as soon as they are released, but you will have to pay more.
Michael Kozlowski has been writing about audiobooks and e-readers for twelve years. His articles have been picked up by major and local news sources and websites such as CBC, CNET, Engadget, Huffington Post, and The New York Times. He lives in Vancouver, British Columbia, Canada.