and more.
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Audible Now Lets You Read Along with Your Kindle Books
Audible has added its new Read & Listen feature, which allows users to follow audiobook narration with synchronized, word-by-word highlighted text, provided they own the Kindle e-book.
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Cashmere.io Wants Better AI Licensing Deals for Publishers
The little-known startup, which powers publishing deals with AI firm Perplexity, aims to help publishers monitor, monetize, and control their content inside AI systems. CEO Jonathan Munk says the industry’s current approach just isn’t cutting it.
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Microsoft, Amazon Plan AI Content Marketplaces
Amazon joins Microsoft, which recently launched Publisher Content Marketplace, in developing platforms to allow publishers to license content and be paid-per-use, rather than by offering an blanket, up-front fee.
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ElevenLabs, Valued at $11 Billion, ‘Doubles Down’ on Audiobooks
The AI-voice company has consolidated its audiobook production services under the new brand Audiobooks in ElevenCreative, signaling its commitment to the sector, head of growth Madeline Shue told PW.
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IPG Teams with Beat Technology for D2C E-books, Audiobooks
Distribution affiliates of Independent Publishers Group will now be able to sell e-books and audiobooks directly to readers through the Norway-based white-label app provider’s first U.S. platform, Shelf.
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Can AI-Enhanced E-books Be Made Ethically? This Startup Thinks So
Lixandria, a new digital reading platform, will offer AI-powered enhancements to e-books developed with the permission of rights holders while offering fair compensation to authors and publishers, says founder Eric Shashoua.
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OverDrive Sues OpenAI Over Sora App
The digital distributor to schools and libraries is charging the AI company with trademark infringement related to its new text-to-video app Sora, which has the same name and a “confusingly similar visual identity” as an app OverDrive launched in 2018.
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Spotify Adds Audiobooks in Four More Countries
Spotify has launched audiobooks in the Nordic nations of Sweden, Finland, Denmark, and Iceland, bringing its model to one of the world’s most mature digital audio markets.
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AI Translation Race Accelerates
Two startups, GlobeScribe and Ailaysa, target backlist, “low-resource” languages, and the 98% of all books never translated.
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MetaComet Expands Into Rights
The software company, which had previously focused exclusively on managing royalties, is launching a new rights management platform.
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