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Archives for November 2024

November 29, 2024By Michael Cader

Bertelsmann Expands Work with AI Voice Company ElevenLabs

November 29, 2024By Michael Cader

AI voice and text-to-speech provider ElevenLabs issued a press release celebrating their expanding relationship with Bertelsmann and its subsidiaries. “So far, 36 Bertelsmann companies are using our technology to improve production and try new approaches. AI dubbing and multi-language audio are just the start. Together, we’re finding ways to share stories across languages and formats, reaching more people in more places.” Storytel invested in ElevenLabs and has been working with them to produce AI-narrated audiobooks since mid-2023. And Harper Collins started working with ElevenLabs earlier this year to create AI audiobooks of select foreign language backlist titles. In June, ElevenLabs […]

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November 29, 2024By Michael Cader

Small Investor Tries to Block Vivendi’s Plan to Split Itself Up

November 29, 2024By Michael Cader

Ahead of a planned December 9 shareholders’ meeting, Vivendi announced that CIAM, an investor holding a very small position (a 0.025 percent stake), has filed suit to try to block their plan to divide the conglomerate into four separate companies. A hearing is scheduled before the Paris Commercial Court on December 4, for arguments on both an expedited suit looking to block the spin-off project, as well as an appeal of a November ruling from France’s market authority (AMF) finding that the spin-off plan does not trigger a mandatory buyout offer. As a result, the December 9 meeting and vote […]

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November 29, 2024By Michael Cader

People 12/2

November 29, 2024By Michael Cader

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November 27, 2024By Erin Somers

People 11/27

November 27, 2024By Erin Somers

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November 27, 2024By Michael Cader

Counting Down to the Biggest Book Launch of the Year

November 27, 2024By Michael Cader

Target stores open at 6 AM on Friday morning, expecting to see lines to customers waiting in particular for copies of TAYLOR SWIFT: The Eras Tour Book. There is a maximum limit of four copies per person. The WSJ reports that the chain will have two million copies available (“according to a person familiar with the matter”). Target has just under 2,000 stores in the US; there’s no telling how the inventory is allocated, but that would provide for an average of 1,000 copies per store. Books will be available online the following day if inventory is still available. A […]

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November 27, 2024By Katy Hershberger

Spotify For Authors Offers Demographic Insights

November 27, 2024By Katy Hershberger

Spotify has launched Spotify for Authors, which offers additional information for publishers and authors about audiobook readers. “For publishers, Spotify for Authors expands on the catalog management and royalty reporting currently offered in Passport, with insights and analytics to help them better understand their audiences and catalog consumption on Spotify,” according to Spotify. “The platform also provides promotional tools to help publishers enhance their presence on Spotify and expand their listener bases.” Authors—who must be invited by their publishers to access—are able to see age and gender demographics of their listeners, shareable review copy codes and social media assets, and […]

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