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 minutesโroughly the length of an average audiobook. ๐ 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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