Leaving the big question, why has it taken the world’s largest trade publisher so long to wake up to this opportunity? And does Nihar Malaviya even know how many languages there are in India?
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Apparently, more than one third of Perlego users prefer audio, so this could be hugely popular if it delivers as well as they suggest.
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AI-produced audio slammed for its low quality was actually created by humans. Luddite Fringe, look away now!
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Put simply, publishing needs to move with the times. And of course it will, eventually. The history of publishing is the history of active resistance, passive acceptance and eventual embrace.
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So they did want any parent would do when spotting a market opportunity, a social need and a daughter eager for more audiobooks: they created Voxblock.
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How much did PRH authors lose out on when Dohle pulled all PRH titles from streaming platforms?
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Press releases are often full of hype and low on substance, but Legible has a proven record for breaking ground in digital publishing,
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I would not be surprised later this year to see Spotify partnering with the India-based AI narration and translation platforms to open up the India market for Spotify Premium audiobooks.
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This initiative will offer five $10,000 grants to writers, aiming to end the stigma surrounding mental health and diversify mental health narratives in fiction.
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So pity the PRH authors who missed out on a share of BookBeat’s accumulative royalty payout of SEK 3.5 billion ($320 million) to participating publishers and authors.
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A few days ago TNPS reported on the latest numbers from OverDrive, as record were broken yet again, with 366 million ebook downloads blowing a gaping hole in the preferred industry narrative that ebooks are out of fashion.
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The transformative role of audio content in the publishing landscape, at a time when print is facing serious challenges that can only be exacerbated over the next few years as new economic realities hit home.
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