Information from ElevenReader Publishing: Essential Facts for Writers and Content Creators
ElevenLabs, a tech company specializing in AI-powered narration, has launched a new platform called ElevenReader Publishing. This innovative service is designed to help authors create and publish their own audiobooks, providing an exciting new option for indie authors, especially those looking to break into audio without breaking the bank.
Streamlining Audiobook Production
ElevenReader Publishing combines powerful narration technology with an end-to-end publishing platform. The platform uses AI voices to narrate the books and supports more than 30 languages, making it easy for authors to expand their reach internationally.
Unlike traditional audiobook production, which often involves significant time, expense, and logistical effort for professional voice actors, studio time, and editing, ElevenReader uses ultra-realistic AI narration to produce audiobooks quickly and affordably.
Key Differences and Benefits
Key differences include production speed and cost, customization and voice selection, accessibility and distribution, and audio quality.
Production Speed and Cost
ElevenReader’s AI-driven process cuts down production time from weeks or months to almost immediate availability, and drastically reduces costs by eliminating the need for human narrators and studio expenses.
Customization and Voice Selection
Authors can choose from multiple modern AI voices and even customize voices per book or chapter via the ElevenLabs “Projects” feature, allowing tailored listening experiences that traditional productions rarely offer.
Accessibility and Distribution
Indie authors can self-publish their audiobooks directly on ElevenReader’s platform, gaining exposure alongside literary classics and indie authors, potentially reaching a global audience at no upfront cost.
Audio Quality
While AI narration is of high quality and natural-sounding, as emphasized by ElevenReader’s branding around “ultra-realistic AI,” it may lack the emotive depth and nuance of a professional human narrator, which some listeners and authors might prefer.
A Cost-Effective Solution for Indie Authors
ElevenReader Publishing democratizes audiobook creation for indie authors, allowing for quicker, cheaper production with AI narration, in contrast to traditional audiobooks that require more resources and time but may offer richer vocal performance. This trade-off appeals particularly to indie authors seeking cost-effective scalability over fully produced narrations.
Publishing and Revenue Sharing
There is no fee to publish on ElevenReader, but creating the audiobook using ElevenLabs narration requires credits, which are part of their paid plans. ElevenLabs uses a revenue share model, with authors keeping 80% of net revenue from ElevenReader sales.
Through its Findaway integration, authors can also reach Spotify listeners as well as ElevenReader users, making it easier for them to distribute their audiobooks to a wider audience.
The Growing Demand for Audiobooks
Audiobooks have become essential and are a go-to method for many readers to consume books they love. In 2023, audiobook sales in the U.S. reached $2 billion, marking a 9% increase from the previous year, and it's projected to top $35 billion by 2030 globally.
With ElevenReader Publishing, indie authors now have a simple way to turn their text into narrated audiobooks and publish them directly on ElevenReader, an audiobook listening app available on iOS and Android.
[1] ElevenLabs. (2023). [ElevenReader Publishing]. Retrieved from https://elevenlabs.com/products/elevenreader-publishing
[2] The Bookseller. (2023). [ElevenLabs launches ElevenReader Publishing]. Retrieved from https://www.thebookseller.com/news/elevenlabs-launches-elevenreader-publishing-478664
[3] Good e-Reader. (2023). [ElevenReader Publishing: A New Audiobook Platform for Indie Authors]. Retrieved from https://goodereader.com/blog/audiobooks/elevenreader-publishing-a-new-audiobook-platform-for-indie-authors
[4] Publishers Weekly. (2023). [ElevenLabs Announces ElevenReader Publishing]. Retrieved from https://www.publishersweekly.com/pw/by-topic/industry-news/industry-obit/article/84589-elevenlabs-announces-elevenreader-publishing.html
The indie author can now leverage technology through ElevenReader Publishing, an innovative service that combines AI narration with an end-to-end publishing platform, making it easier and more affordable for them to produce audiobooks. This cost-effective solution democratizes audiobook creation for indie authors, enabling quicker, cheaper production compared to traditional audiobooks that require more resources.
