Behind the soaring profits of Sweden’s publishing giants, lies a bitter power struggle
It’s July, which means high season for Sweden’s digital publishing giants. Bloodthirsty crime fiction and endless romance series top the charts as Swedes spend their long summer break in their hammocks. And streaming services earn hundreds of millions of kronor from the 1.2 million households currently signed up to an audiobook subscription.
But under the surface, frustration is coming to the boil. At a publishing house in Stockholm’s Gamla stan, I meet Martin Kaunitz who runs the publishing firm Kaunitz-Olsson and ask him how the Swedish publishing industry is doing.