Spotify launches an ElevenLabs-powered audiobook creation tool

Key points

• 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.
• The audio streaming platform also already had a partnership with Google Play Books to allow for digitally narrated content.