AI startup Reedz targets European market dominance with the latest publisher agreement of 30,000 book rights.

”A big step for us, one giant leap for publishing”. Swedish AI startup Reedz enters publisher agreement to develop more than 30,000 book rights as e-books and audiobooks, making it one of the most significant collaborations to date between publishing and AI tech in Europe.

Sweden-based Reedz, a pioneer in publishing AI tech, enables book publishing of e-books and audiobooks in a wide range of languages at a fraction of today's cost and time. Since its launch, the company has produced and translated thousands of books across all genres. Europe, with its rich diversity of languages and a multitude of cultures, offers a significant market opportunity for publishers to develop their book rights.

“We see that the acceptance of AI in publishing is increasing rapidly once the publishers see the significant savings in costs and production times we deliver for them, in addition to streamlined production processes“, says John Strandberg, founder of Reedz.

AI and Gen Z are already transforming the publishing industry, driving the democratisation of the creator economy in publishing at an ever-accelerating pace. Tomorrow's publishers will need to adapt to niche trend content, micro lifecycles and à la minute publishing to stay in the game. For the fastest adapting publishers the upside could be substantial. For the others, not so much.

“We strive to offer just that. Flexible production processes for niche trend content, scale to commercialise micro lifecycles, and speed for à la minute publishing. Our target is to help our customers transform their publishing business, adapt to service the exploding creator economy, and have the best offer for tomorrow's bestselling authors. Some embrace change. Some hold on to the past even harder. Some try to do both. We are here to offer publishers a choice, and then it's up to them“, John Strandberg continues.

Reedz is in a growth and expansion phase where the company is growing through strategic partnerships and will expand its established business model to new markets during 2024-2025.