ABP Publishing Exceeded 500 Audiobooks in Its Catalogue, and Sales Are Forecasted to Grow 30% in 2021
ABP Publishing announces its audiobook catalogue exceeded 500 titles. The European publisher go on to say that they are forecasting a 100% increase in titles (1000 titles) by 2024. In addition, a 30% increase in total sales is predicted before the end of 2021, continuing a five-year trend of growth.
There are plans to publish 17% more titles in 2022 and continue growing the catalogue to meet their 100% increase target by 2024. To meet these targets, ABP Publishing plans to expand its presence gradually in markets it entered recently, such as Turkey, Japan, Korea, and Spain. Additionally, it will continue to work with local authors, particularly in Germany and France.
"For the last three years, ABP Publishing has shown solid growth in sales and production. It means that we managed to create an effective system of acquiring rights to high-potential books and externalizing them into good quality audiobooks. I believe the combination will help us achieve our main aim during the next three years - to double the current catalogue," said Viktoria Salnikova, Chief Editor of ABP Publishing.
ABP Publishing will form new partnerships and develop more effective collaborations with its current partners. In addition, the company will introduce new authors to diversify the audiobook genres in its catalogue. The company will also continue to focus on listening to the needs of its current audience. Based on their insights, ABP Publishing will grow its catalogue in the right direction to meet its 100% increase target.
The CEO of ABP Publishing, Andrey Mishenev, believes that the company was able to bring positive changes to its work culture in the past year, which will support its growth and future goals. "We transferred into remote work completely, which allowed us to work more effectively, economize resources and the employees are more devoted and motivated to work because of life-work balance. Our employees' productivity will fuel our growth in the coming years."
About ABP Publishing
ABP Publishing is an international publisher of non-fiction digital-only audiobooks in different languages. The publishing house sells non-fiction audiobooks on business, personal development, popular psychology, science, parenting, healthy lifestyle, and spirituality.
The company comprises four divisions: ABP Verlag in Germany, ABP Editions in France, ABP Editore in Italy, and ABP Publishing in other markets.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CA-PROCORE-TECHNOLOGIES22.9.2021 22:07:14 CEST | Press release
Procore to Acquire Levelset to Simplify Lien Management Workflows for Construction
WIPRO-LIMITED22.9.2021 18:26:06 CEST | Press release
Leaders in Cloud Adoption Approach Cloud Differently and Achieve 10x Greater ROI, Says Research by Wipro FullStride Cloud Services
NY-NATHAN'S-FAMOUS22.9.2021 17:59:13 CEST | Press release
Nathan's Famous Continues International Expansion with European Push to Offer Hot Dogs in France
IL-IHMA22.9.2021 16:32:04 CEST | Press release
IHMA Opens Microbiology Reference Laboratory in Shanghai, China to Further Support Global Anti-Infective Product Discovery and Development
IA-WORKIVA22.9.2021 16:26:13 CEST | Press release
Workiva Named a Leader Among Governance, Risk, and Compliance Platforms by Independent Research Firm
BIOLOG-ID22.9.2021 15:52:08 CEST | Press release
The Scottish National Blood Transfusion Service (SNBTS) to Deploy Biolog-id Smart Storage RFID Kits Nationwide
DAHUA-TECHNOLOGY22.9.2021 15:47:07 CEST | Press release
Let’s Build a Digital Future Together: Join us at Dahua Partner Day 2021!
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom