Spotify is boosting its audiobook content by agreeing to accept material narrated using ElevenLabs’ AI voice app. Given that ElevenLabs is currently among the most recognized AI audio providers, this new partnership is expected to boost the quantity of AI-narrated audiobooks on the platform. ElevenLabs content can be distributed to Spotify (and “select other audiobook retailers”) via Spotify’s Findaway Voices platform for indie authors. For $99 per month, authors can generate up to 500 minutes of AI audio startup ElevenLabs’ narration in 29 languages with what Spotify says is “complete control over voice and intonation.” Continue reading Authors Can Use ElevenLabs Audiobook Narration for Spotify

Music streaming powerhouse Spotify is expanding its narrative footprint with the acquisition of audiobook distributor Findaway. The purchase brings Spotify a large catalog of audiobooks as well new revenue streams not only through audiobook sales and subscriptions, but through units like Findaway Voices, which provides turnkey services for authors who want their writings recorded. Spotify’s evolution to all-things-audio follows the company’s Q3 announcement that its podcasting business had overtaken market leader Apple in terms of downloads. Spotify says it expects the global audiobook sector to grow from $3.3 billion today to $15 billion by 2027. Continue reading Spotify Targets Audiobook Market with Purchase of Findaway