Voice AI Company Elevenlabs has now allowed the author to post a AI creation audio book in its own app. Techcrunch learned and confirmed the company. The announcement has been a few days since the company has partnered with Spotify for AI-NARRATED AUDIOBOOKS.
Elevenlabs, which raised a huge round of $ 180 million last month, began to invite you to test the publishing program through the app based on the test last year. Techcrunch was found before. This program is open to all authors today.
The company confirms the development of Techcrunch and provides a cheap and accessible tool for the idea of audio book creation.
The platform itself aims to compete with Audible, and Elevenlabs thinks it provides a low royalty rate for the author. Depending on the model, the audio book of Elevenlabs is provided in its own reader app and the user pays the author when participating in the content.
Currently, when the listener participates in the audio book for more than 11 minutes, the author pays about $ 1.10.
Elevenlabs said the average user spent 19 minutes listening to the book published in the app in the test stage. New companies think that this fee is the best in the industry, but it can still be changed to the size of the program.
When launching, payments are provided in American author and English -only title. Later, it aims to expand the payment to the title of 32 languages that support the audio book.
The company also plans to create a market where the author can sell content.
Elevenabs’s bigger opportunities are associated with authors and publishers who create audio books using AI TECH through paid plans from $ 11 to $ 11 per month. This is cheaper than booking a studio time and paying voice actors.
In particular, Elevenlabs has already driven other audio platforms such as Pocket FM and Kuku FM to convert text to audio content.
The company for publishing and distributing surfaces for hosting more indie content matches the plan to expand to more consumer experience of Elevenlabs CEO MATISEWSKI.
