SPOTIFY LAUNCHES ELEVENLAB-POWERED AUDIOBOOK TOOL

INDUSTRY DESK■ 1 MIN READ

SAT, MAY 23, 2026

■ AI-SUMMARIZED FROM 5 SOURCES ▸ TIMELINE

Spotify introduced an ElevenLabs-powered AI tool for self-publishing audiobooks on its Spotify for Authors platform. The move comes as the company reports over 1 million Audiobook+ subscriptions on track for $100 million in annual recurring revenue.

The new audiobook creation tool allows authors to generate AI-narrated audiobooks without hiring voice actors, lowering production barriers for self-published content. Spotify's audiobook initiative is expanding beyond this release. The platform is preparing new audiobook plans for later this year and recently launched Spotify Labs Studio, a desktop app for generating private AI-powered podcasts—competing directly with Google's NotebookLM across 20+ markets. The company is also pursuing AI-generated music remixes through a licensing deal with Universal Music Group. Premium subscribers can request AI remixes of songs, with participating artists collecting royalties. Artists retain the ability to opt out. These moves position Spotify as a comprehensive AI content platform, moving beyond music streaming into audiobook publishing, podcast generation, and music remixing.

■ SOURCES

► TechCrunch ► TechCrunch ► The Verge ► Techmeme ► Techmeme

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SPOTIFY LAUNCHES ELEVENLAB-POWERED AUDIOBOOK TOOL

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