Novel Effect

Voice technology is taking many industries by storm, and the publishing industry should be no exception. Yet, in an industry built upon dedication to thorough immersive reading, it’s easy to understand why new technology is not always rapidly adopted. Still new technologies have proven to help grow revenue for publishers and authors alike. One current example is Audiobooks, are widely-considered to be the most quickly growing niche in the publishing world — <a href="https://goodereader.com/blog/audiobooks/global-audiobook-trends-and-statistics-for-2018">2017 alone saw $2.5 Billion in audiobook sales</a>. This year’s figures confirm the trend. According to <a href="https://newsroom.publishers.org/aap-statshot-publisher-revenue-increased-by-72-in-february-2019/">the AAP StatShot Monthly report</a>, ‘Downloaded Audio’ is still the fastest growing format in publishing — up 36,5% for the first two months of 2019 as compared to the same period in&nbsp;2018.

Why Modern Publishers Cannot Afford to Ignore Voice Technology

Novel Effect elevates storytelling with tools that let creators add immersive effects and interactivity to traditional media—books, television, film—and a powerful speech-recognition engine to enable that content for audiences across a wide range of platforms and devices

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NOVEL EFFECT

noveleffect.com

employees

Since n.d.

COMPANY RANKING

NOVEL EFFECT

EVERGREEN INDEX #11868

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