Elevenlabs now allows authors to create and publish audiobooks on their own platform
Company Voice AI Eleven now allows the authors to publish AI Audiocks in your own reading appTechCrunch learned and the company confirmed. The message is coming days after the company partnered with Spotify For audio books with AI.
Eleven who rose A mega-round of $ 180 million last monthThe authors began to try their publishing program through their application on a trial base last year, TechCrunch had previously noticed. This program has recently been opened to all authors today.
The company has confirmed the development of TechCrunch, explaining the idea is to provide affordable and affordable tools to create audio books that can otherwise cost much more to manufacture in a studio.
The platform itself aims to compete with Audible, which Elevenlabs believes offers a lower royalty percentage for the authors. According to its model, Elevenlabs audio books will be offered in their own app for readers and the company will pay authors when consumers are committed to their content.
She is currently paying approximately $ 1.10 to the authors when listeners are engaged in the audiobook for 11 minutes or more.
Elevenlabs said the average user spent 19 minutes listening to the published books of his app during the test phase. While starting thinks these percentages are among the best in the industry, they could still change as the program scale.
At startup, the payment is offered to authors in the US and for titles only for English. Later, it aims to extend the payments to the titles in the 32 languages, which it maintains for audio books.
The company also plans to create a market where authors can sell their content.
The bigger opportunity for Elevenlabs includes authors and publishers generating audio books using their AI technologies through their paid plans ranging from $ 11 to $ 330 a month. This is more cheaper than the time to book a studio and the payment of voice actors.
More specially, Elevenlabs has already powered other audio platforms such as Pocket FM and KUKU FM To turn the text into audio content.
Moving the company to become a surface for issuing and distribution to host more indie content is in accordance with Elevenlabs CEO Matty Stanishevski’s plans to expand in more consumer experienceS
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