ANTENNA ΕΚΔΟΤΙΚΗ ΕΠΙΧΕΙΡΗΣΗ ΒΙΒΛΙΩΝ ΜΟΝΟΠΡΟΣΩΠΗ ΙΔΙΩΤΙΚΗ ΚΕΦΑΛΑΙΟΥΧΙΚΗ ΕΤΑΙΡΕΙΑ Maroussi, Greece

Company Website: https://www.jukebooks.gr

Company Email: management@jukebooks.gr

Employees: 25

Funding State: Seed


Industries

  • RetailTech – E-Commerce - FashionTech

Technology

  • Other
  • Web or Mobile Application

Business Model

  • B2B
  • B2B2C
  • B2C

Revenue Model

  • Subscription

Funding Sources

  • Self

About

JukeBooks is a Greek audiobook subscription platform in August 2022. It is the largest subscription platform in Greece, currently with over 800 titles available for listening. Accessible on IOS, Android, and Huawei smartphones worldwide, JukeBooks ensures that listeners can listen to their favorite Greek literature seamlessly across various devices. What propels JukeBooks into the global arena is not just its expansive library but also its commitment to quality through an in-house production unit. Housing five studios exclusively dedicated to audiobook recording, JukeBooks delivers supreme quality production and exquisite book narration.


Solution & Product

JukeBooks addresses the time constraint issue for reading books by tapping into people's inherent inclination for enjoying stories. The subscription-based storytelling service enables users to listen to books while engaging in various activities like driving, commuting, exercising, or working, thereby carving out time in their daily routines for consuming quality literature. This not only promotes relaxation and well-being but also elicits a more profound emotional response compared to traditional print narration. A pivotal aspect of JukeBooks' service is the subscriber's unrestricted access to the platform's continually expanding collection of books. Subscribers can enjoy as many books as they wish for any duration. These books are skillfully narrated in Greek by experienced narrators, actors, and authors.


Innovation & Scalability

Jukebooks brings innovation to Greeks by combining an alternative book format (audiobooks) with a subscription platform distributed through mobile phones and tablets. The production methodology not only ensures high-quality audio and professional narration but also maintains a sustainable speed and cost of production, aligning with business objectives and ensuring customer satisfaction in terms of both quality and quantity of the catalog. The subscription model grants customers full access to the platform's extensive catalog, currently exceeding 800 titles and continuously expanding. Looking ahead to JukeBooks' expansion into new markets, there is a comprehensive plan to extend the company's reach into the Audio Publishing House market, podcasts, and theatrical works in audio format. However, potential obstacles to the company's growth is the educational awareness of the Greek consumers and the growth of the familiarity with this new medium. The library needs to continue to grow at a steady pace to satisfy the existing subscribers and this has a related cost that needs to be invested during the growth phase.


Traction & achievements

The company commenced its business activities in August 2022 in Marousi, Attica. Since its inception until today, it has recorded over 800 books across 9 expanded thematic categories (Contemporary Literature, Classical Literature, Self-Improvement, Biographies, History, Social Sciences, Philosophy, Literature for Children and Adolescents). It has collaborated with more than 100 professional narrators. JukeBooks maintains an incredible 4.7/5 average rating across all platforms with customer reviews praising the quality, the variety, the narration and the application functionality. According to data from the official Google Play website, the JukeBooks application has been downloaded on more than 22.000 mobile devices. Currently the platform has around 10.000 active subscribers, who have consumed over 1.200.000 hours of audiobooks. The company's goal is to reach 60,000 active subscribers within the next 3 years.


Team & Why Us

The JukeBooks leadership team is comprised of individuals with unique talents and skill sets. Their shared vision, commitment and teamwork, have been key in the project’s successful launch and wide acceptance from the consumers in just 1 year in an emerging market. G. Poutos, Managing Director, specializes in all digital environments across various segments including Banking, Retail and Telecommunications. Holds an MSc in Decision Sciences, BSc in Computing & Information Systems/BA in Economics. P. Matsikoudis, Marketing Director, specializes in FMCG & Retail in multinational companies. Holds a MSc in Marketing & Communication Using New Technology, BSc in Marketing & Management Science. C. Nikiforos, Finance Director, brings experience in the financial sector of multinational companies. Holds a BSc in Finance & Accounting and an MBA. A. Nani, Content Director, holds a BA in Library & Information Science with experience in the book industry. C. Koudigkeli, Product Manager, has experience in software project management. Holds a M.Eng. in Electrical and Computer Engineering and is a candidate for an MBA. H. Lakkas, Production Manager, has experience in Greece and abroad. Graduated from the Papantonopoulos School of Television and Cinema, Department of Sound Engineering. G. Deligiannis, Business Analytics & Reporting Manager, has experience in Economics & Administration. Holds a MSc in Financial Economics and a BSc in Information Systems and Business Planning.


Funding Needs

If you are a party interested in supporting this promising project to grow faster, then we would like to hear from you and discuss the possibilities!


ONE LINER

Platform for providing electronic Audiobooks in Greek


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