Tapas pivots to community-driven content and lays off staff
Tapas Media, which was recently acquired by a South Korean firm, has laid off staff in its original-content department.
Digital Publishing
Using Data to Drive Acquisitions: Why Podium Bought Bookstat
With the backing of Podium, Bookstat looks to expand into additional territories.
Wattpad Stars program comes to an end
Given the recent launch of the Wattpad Creators program, Wattpad has alerted Wattpad Stars that their program is phasing out by the end of this year.
IMHO: No Such Thing as a Happy Medium
Medium was never a money-making platform for most writers, and with the recent departure of its founder, its potential has hit rock bottom.
Wattpad launches a new paid program for creators
The Wattpad Creators Program is meant to serve the most engaged writers on the platform by offering them cash stipends and marketing and editorial support.
Spotify to enter the audiobook market more aggressively this year
Spotify’s CEO told investors that the company plans to compete for a piece of the global audiobook market.
Storytel grows in 2022 but also changes strategic direction
The biggest audiobook subscription service outside the US, Storytel has seen its sales grow by 35 percent over last year.
A new subscription service for Black Christians
UrbanFaithStudy.com is a subscription-based digital platform featuring videos and study curricula from well-known African American Christians.
Kindle Vella Sees Loyalty among Some Authors—for Now
Authors contributing to Vella hope Amazon will use its marketing power to boost its new serial reading platform.
Korean firm buys leading US storytelling platforms
Kakao Entertainment, based in Seoul, has acquired two serialized storytelling apps: Radish and Tapas.