ElevenLabs now allow authors to create and publish audio books on their own platform
Ai Company eleven Authors are now allowed to spread artificial intelligence Heard books on their reader applicationI learned Techcrunch and confirming the company. The advertisement comes Days after the company’s partnership with Spotify The audio book is a nail of artificial intelligence.
11, which was raised A $ 180 million tour last monthThey started inviting the authors to experience their publishing program by applying them on a pilot basis last year, Techcrunch was previously discovered. This program is newly open to all authors from today.
The company has confirmed the development to Techcrunch, explaining the idea is to provide reasonable and accessible tools to create an Audiobook book, which may cost much more to produce it in the studio.
The same platform aims to compete with Audible, which ElevenLabs believes the lowest ownership rates for authors. Under its model, audio books will be presented at ElevenLabs in their reader application and the company will pay the authors when users deal with their content.
Currently, approximately $ 1.10 pays to authors when listeners deal with an audible book for 11 minutes or more.
Eleven of users said that the average user is 19 minutes to listen to the books published on his application during the test stage. While the emerging company believes that these rates are among the best in the industry, it still may change with the program’s scales.
At launch, the payment is offered to the authors in the United States and for English titles only. Later, it aims to extend the payments to the titles in 32 languages that support it for the audio book.
The company also plans to create a market where authors can sell their content.
ElevenLabs includes the authors and publishers who create audio books using artificial intelligence technology through its paid plans ranging from $ 11 to $ 330 per month. This is less expensive than the time of reservation in a studio and pushing vocal actors.
It is worth noting that ElevenLabs has already played other sound platforms such as FM and kuku fm pocket To convert the text into an audio content.
The company’s move to become a surface for publication and distribution to host more Indie content in line with ElevenLabs CEO Matti Stanisowski’s plans to expand more consumer experiences.
