Voice Ai Company Elevenlabs let authors now publish ai-generated sound books on its own reader app, techcrunch learned and confirmed the company. The announcement comes days after the company worked with Spotify for Ai-Narrated Audiobooks.
Elevenlabs, who raised a mega-round of $ 180 million last month, began inviting writers to try their publication program last year on a trial basis, TechCrunch previously spotted. The program is new to all writers from today.
The company has confirmed the development to TechCrunch, and the idea is to provide affordable and accessible tools for the creation of sound books, which otherwise cost much more to produce in a studio.
The platform itself is aimed at competing with Audible, which eleves apparently offer lower royalties for writers. According to the model, Elevenlabs’ sound books are offered within its own reader app and the company will pay authors when users are involved with their content.
Currently, it pays about 1.10 dollars to writers when listeners are involved with an audio book for 11 minutes or longer.
Elevenlabs said the average user listened to the published books on his app during the test phase. While the beginning is of the opinion that these rates are one of the best in the industry, they can still change as the program scale.
At the launch, the payout is presented to writers in the US and for only English titles. Later, it aims to extend payments to titles in the 32 languages that support it for audio books.
The company also plans to create a market place where writers can sell their content.
The larger opportunity for elflabs involves writers and publishers generating audio books using its AI technology through its paid plans of $ 11 to $ 330 a month. It is cheaper than booking studio time and paying voice actors.
Elevenlabs have already powered other audio platforms such as Pocket FM and Kuku FM to turn text into sound content.
The company’s movement to become a publication and distribution surface to offer more indie content is in line with Elevenlabs CEO Mati Staniszewski’s plans to extend to more consumer experiences.
(Tagstotranslate) Audible (T) Artificial Intelligence (AI)
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