Readly
Readly AB is a Swedish digital newspaper and magazine subscription service with content from over 1200 third-party publishers, available via browser and mobile app for a monthly fee.
 | |
| Company type | Public |
|---|---|
| Nasdaq Stockholm: READ | |
| Founded | 2012 |
| Founder | Joel Wikell |
Key people | Philip Lindqvist (CEO) |
| Owner | Readly AB |
| Website | readly.com |
Readly AB is a Swedish digital newspaper and magazine subscription service with content from over 1200 third-party publishers, available via browser and mobile app for a monthly fee.[1]
History
[edit]Readly was founded in 2012 by Joel Wikell.[2][3]
Readly launched in the United Kingdom in 2014[4] and thereafter in Germany 2015,[5] In 2016, Readly discontinued its eBook service.[6]
In 2018, Readly expanded to the Netherlands,[7] Italy 2019,[8] and Australia and New Zealand in 2020.[9]
In September 2020, Readly listed its shares on Nasdaq Stockholm Midcap.[10][11]
In March 2021, Joel Wikell, the founder of Readly, left the board of directors.[12] In November 2021, Readly acquired Toutabo SA, the French editor of the digital newsstand ePresse.[13]
In May 2023, Philip Lindqvist was appointed as the new CEO.[14]
In June 2025, Bonnier Group took their holdings in Readly to 96.45%.[15] They had previously announced their intention to delist Readly and forcibly acquire the remaining 3.55% of shares for full ownership.[16]
References
[edit]- ^ Rowe, Adam. "Readly UK". Forbes.
- ^ Nilsson, Patricia (2019-10-07). "Sweden's Readly vies with Apple to be the Spotify of magazines". Financial Times. Retrieved 2023-09-23.
- ^ "Readly has become the leader in digital magazine subscriptions". The CEO Magazine. Retrieved 2021-02-22.
- ^ "Readly app launches in UK with 120 magazines". The Independent. 2014-03-28. Retrieved 2021-03-17.
- ^ "Swedish subscription magazine service Readly takes in €13.3 million". Tech.eu. 17 May 2017. Retrieved 2021-03-17.
- ^ CarlssonText, Sven (April 26, 2016). "Sparkad Readly-chef går lottlös ur rättstvist". Dagens industri.
- ^ "Readly expands its operations in Europe and enters the Netherlands". FIPP. 2018-12-10. Retrieved 2021-03-17.
- ^ Loritz, Mary (2019-06-19). "Swedish magazine subscription app Readly raises €15 million". EU-Startups. Retrieved 2021-03-17.
- ^ Blackiston, Hannah (2020-04-15). "'All you can read' magazine app Readly launches in ANZ with Bauer Media and Next Media onboard". Mumbrella. Retrieved 2021-03-17.
- ^ "Positiv börsdebut för omskakat Readly". September 17, 2020 – via www.svd.se.
- ^ "Positiv börsdebut för omskakat Readly". Smålandsposten. September 18, 2020.
- ^ DigitalText, Di (March 29, 2021). "Readlys grundare lämnar styrelsen". Dagens industri.
- ^ "Readly köper fransk tidningstjänst". October 6, 2021 – via www.svd.se.
- ^ "Ny vd för Readly utsedd". May 30, 2023 – via www.svd.se.
- ^ "Tidnings AB Marieberg announces the outcome for the recommended cash offer to the shareholders of Readly International AB". June 3, 2025 – via www.news.cison.com.
- ^ "Bonnier News initiates compulsory redemption and Readly applies for delisting". May 27, 2025 – via www.readly.com.
External links
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