New AI Text-to-Speech App Offers Authors 60 Percent of Every Audiobook Sale

New AI Text-to-Speech App Lets Writers Sell Audiobooks Directly

ElevenLabs, a software company, has introduced an AI-powered text-to-speech app specifically for audiobooks. This tool allows writers to convert their written work into audio format and sell audiobooks directly to their audience.

What sets this app apart is its author-friendly revenue model: 60% of every sale goes directly to the author. This approach supports writers by giving them a larger share of the audiobook market profits without relying on traditional publishers or intermediaries.

What This Means for Writers

• Direct Monetization: Writers can generate income from their audiobooks without needing a publishing deal or audiobook distributor.
• Control Over Content: Authors maintain full ownership and control of their audio productions.
• Accessible Technology: The AI text-to-speech technology simplifies audiobook creation, eliminating the need for professional narrators or studios.

This technology could be especially valuable for independent authors or those looking to expand their reach in the audiobook market quickly and cost-effectively.

Supporting Your Growth as a Writer

Exploring AI tools like this can help you diversify your income streams and connect with listeners who prefer audio content. If you want to learn more about AI tools and how to integrate them into your writing career, consider checking out Complete AI Training’s resources for writers. They offer courses and guides that can help you leverage AI in your creative process.

As audiobook consumption continues to grow, having the means to produce and sell audiobooks independently could give you an edge in reaching new audiences and increasing your revenue.

Additional Industry Insights

• Several publishers and platforms are adjusting their models to better support authors amid the rise of digital audio formats.
• Legal developments, such as recent AI copyright settlements, highlight the importance of fair compensation for creators using AI technologies.
• Programs aimed at increasing access to books for underserved communities are gaining momentum, reflecting a broader commitment to literacy and inclusion.

Staying informed about these trends can help you make strategic decisions about your writing and publishing efforts.