LV

Lit Videobooks

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Company Research Report: LIT Videobooks



Company Overview



  • Name: LIT Videobooks

  • Mission: Redefining the way people consume books through an immersive, video-based format called videobooks.

  • Founded: 2018

  • Founder(s)/Key People:

  • No information is available about the specific founder(s). However, key people include Michel Koopman (CEO & Founder of 2Swell & CxO Coaching) and Jared Hedges (Animation Supervisor).

  • Headquarters: New York, United States

  • Number of Employees: 11-50 employees

  • Revenue: No information is available

  • What is the Company Known For: LIT is known for its novel approach to consuming books by converting bestselling non-fiction into visual, engaging "videobooks."


Products



  • High-Level Description:

  • LIT Videobooks offers a new media category designed for visual learners by transforming bestselling non-fiction books into videobooks.

  • These videobooks aim to enhance learning by presenting the core ideas of each book in a documentary-like format.


Key Products



1. Videobooks:
  • Key Features:

  • Books are transformed into under-hour-long video presentations.

  • Include storytelling from authors and interviews with book characters, experts, and sometimes celebrities.

  • Available exclusively on the LIT platform.

  • Cater to visual learners with a high engagement format that makes educational content entertaining.


Recent Developments



  • Recent Developments:

  • LIT Videobooks is experiencing rapid growth as a VC-funded startup.

  • The company has expanded partnerships with over 100 bestselling non-fiction authors.


  • New Products Launched:

  • New videobook releases include "Radical Respect" by Kim Scott and "Impact Players" by Liz Wiseman.


  • New Features:

  • Collaboration with Emmy award-winning producers and animators to enhance the videobook experience.

  • Planned launch of an all-access subscription offering.


  • Partnerships:

  • Collaborations with authors in various genres, including business, marketing, finance, psychology, and more.

  • Strategic partnerships for educational content with platforms like Spotify under trial offerings.


  • Events and Engagements:

  • Hosting Fireside Chat events with bestselling authors like Kim Scott and Liz Wiseman to discuss leadership and workplace culture topics.

  • Offering trial access to enterprise solutions like "LIT for Teams" for organizational learning and development teams.


  • Company Vision:

  • LIT aims to revolutionize educational content delivery by making learning fast, visually engaging, and easily retainable.


This report compiles the existing information about LIT Videobooks based on the available data and recent updates about the company, keeping the focus strictly on factual data points gathered.