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Spotify and ElevenLabs Are Transforming the Audiobook Industry with AI Spotify has partnered with ElevenLabs, a leading AI voice technology company, to make audiobook creation faster and more accessible. Now, authors can convert their text into audiobooks in just a few clicks and publish it on Findaway Voices, Spotify's audiobook distribution platform. To do this, authors upload their text to Eleven labs, select a voice, and generate the final audio file. The free version of ElevenLabs allows for 10 minutes of speech synthesis per month, while a $99/month subscription provides 500 minutesโ€”roughly the length of an average audiobook. ๐Ÿ”ˆ ElevenLabs is also launching its own platform within the Reader app, allowing authors to publish and monetize their audiobooks. The service currently pays $1.1 for each listen exceeding 11 minutes, but only for U.S.-based authors and English-language books.

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