ElevenLabs Launches AI Audiobook Publishing Platform, Rivaling Audible

ElevenLabs Launches AI Audiobook Publishing Platform, Rivaling Audible

Voice AI company ElevenLabs is now letting authors publish AI-generated audiobooks on its own Reader app, TechCrunch has learned and the company confirmed. The announcement comes days after the company partnered with Spotify for AI-narrated audiobooks.                                                    Image Credits:ElevenLabs ElevenLabs, which raised a $180 million mega-round last month, started inviting authors to try out their publishing program through their app on a trial basis last year, previously spotted. That program is newly open to all authors as of today. The company confirmed the development , explaining the idea is to provide affordable and accessible tools for audiobook creation, which might have otherwise cost much more to produce in a studio. The platform itself aims to compete with Audible, which ElevenLabs believes offers lower royalty rates for authors. Under its model, ElevenLabs’ audiobooks will be offered within its own Reader app and the company will pay authors wh…