Spotify launches an ElevenLabs-powered audiobook creation tool | TechCrunch
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Spotify launches an ElevenLabs-powered audiobook creation tool | TechCrunch
Spotify introduced an ElevenLabs-powered AI tool for self-publishing audiobooks inside the Spotify for Authors platform. The feature will launch in beta in June on an invite-only basis and will initially support English only. The generated audiobooks will not require authors to sign an exclusive contract, allowing them to publish the content elsewhere. The update builds on Spotify’s earlier ElevenLabs partnership that let writers submit voice AI–generated audiobooks to Spotify. Spotify also expanded Spotify for Authors to support 10 additional languages and plans to increase Audiobook+ listening limits, with future options for students and families. Spotify reported over a million Audiobook+ subscriptions and aims for $100 million in annualized recurring revenue. Spotify also added natural-language question support for audiobook discovery and plans to expand prompt-based playlist creation to include audiobooks.
"Alongside tools for AI-generated podcasts, Spotify on Thursday introduced a new, ElevenLabs-powered AI tool for self-publishing audiobooks within the Spotify for Authors platform. The company said at its Investor Day event that the feature will launch in beta this June on an invite-only basis, initially with support for the English language only."
"The AI-powered audiobook generation won't bind authors to an exclusive contract, meaning they are free to publish their generated audiobooks anywhere. The news builds on Spotify's previous partnership with ElevenLabs, which allowed writers to submit audiobooks created on the voice AI startup's platform to Spotify."
"Spotify is also expanding its "Spotify for Authors" platform to support 10 more languages, including French, Canadian French, German, Dutch, Latin American Spanish, Swedish, Finnish, Icelandic, Danish, and Norwegian. In addition, the company will expand its Audiobook+ plans this year to allow for higher listening limits and will add new options for students and families in the future."
"At the event, the company introduced a new way for users to ask questions using natural language for audiobook discovery. This summer, Spotify will also expand a feature that allows users to create prompt-based playlists for podcasts and music to include audiobooks, it said."
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