“Yoel is a wonderful executive versed in both the why and the how of digital media. He has a curious nature that allows him to match up his knowledge of technology with his understanding of social behavior and his business smarts - giving him that rare "big picture" understanding of where media is going. Yoel can run an investment fund, a multi-platform business, or a division of a company. Add to that a high energy and warm personality.”
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NYC Television Week's "40 under 40"
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Mike Ryan
At some point, all streaming TV services wrestle with the same agonizing decision: Extend a launch window and deliver a streaming app with unmatched performance and quality, OR launch anything and get to market ASAP. It's the difference between an app using native code vs. non-native, HTML5-based frameworks. But what if media services didn't need to choose? We experienced this with the recent launch of mitú on #comcastX1. Using pre-built, native components, we quickly developed the core app and implemented custom optimizations not possible with generic HTML5. It's truly the best of both worlds. The native components allowed us to fine-tune performance, exploit unique platform capabilities, and create apps that deliver highly responsive user experiences. Sure, it requires specialized skills, but user engagement and retention payoff are worth it. Most importantly, it helped our client differentiate in a crowded market and drive long-term growth. 𝗕𝗼𝘁𝘁𝗼𝗺 𝗹𝗶𝗻𝗲: You no longer need to choose. With the right expertise and a balanced approach, you can launch compelling streaming apps faster than you think—without sacrificing performance. Want a demo? DM me! ------------------------ If you found this helpful, consider reposting ♻️ and follow me: Mike Ryan
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Chris Erwin
Range Media Partners just raised big $$ from Liberty Global, Wildcat Capital Management. It's an M&A warchest so they don’t fall behind their peers. Let’s break it down… BACKGROUND ON RANGE • Mgmt and prod co founded in 2020 by Peter Micelli and other top agents from CAA / WME / UTA • Goal = extend beyond trad film / TV representation • Has expanded into music, sports, gaming, digital, music pub M&A + CAP MARKETS HISTORY • Merged with film / TV prod co Automatik in Jan 2023 • Bought upstart athlete mgmt co Stoked Management Group in Sep 2023 • Existing investors incl Steve Cohen’s Point72 Ventures and A+E Networks (also has prod deal) NEW INVESTMENT • Last week closed significant minority investment by John Malone’s Liberty Global, TPG founder’s Wildcat Capital, and family entertainment co Playground Productions • Former CAA film finance exec Rick Hess, and The Forest Road Company were also involved (either as investors or advisors, can’t tell exactly from press release) • Use of Funds: M&A, scale in US, int’l growth, add more talent rep and prod services What you need to know about this deal 👇... It's not surprising when you consider all the other fundraising and M&A amongst Range’s peers in talent representation. The influx of capital and high dealmaking volume is driven by a belief that outsized returns will go to rep firms who are fastest to scale, in a winner-take-most market. Because scale makes it easier to sign more talent clients, work with the largest brand marketers, hire the best talent agents and managers, package up the largest Hollywood projects, and launch the most exciting new talent-led ventures. Particularly in a world where scaled access to audience (which talent and influencers bring in a post ATT world) is the top driver in capturing share of high-growth IM spend, which is est at $7B in 2024, up 15% YoY. So it’s a race to the top. And that race is being fueled by large M&A war chests from big investor backers… Companies to watch here are: - Crestview-backed Gersh (just bought A3’s digital team) - Coral Tree-backed Loaded (just bought GG Talent) - Providence-backed Wasserman (13 deals in 2 years) - TCG-backed Night (just bought LFM and Roost Podcast Network) - The big 3: CAA, UTA, Endeavor And after last week, I expect Range Media to ramp up its acquisition activity. Particularly in athlete and digital-native representation. Curious to see what they do next with the $$. Will definitely add them to our buyers list as we bring more deals to market. —- I’m the founder of RockWater Industries. We do M&A and strategy advisory for media, agencies, and creator economy. My DMs are open. #media #agency #creatoreconomy
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Chris Erwin
UTA just promoted 24 new partners. What's driving this? Promotions can be part of a retention strategy as competition for talent, and their reps, heats up. Particularly when new firms like Range Media Partners, which was the result top agent defections from the Big 3 Hollywood agencies in 2020, are growing fast and raising growth capital (see my analysis 👇). Some questions worth asking... - How is the agency's employee retention rate trending? - How does the % of promotions compare to prior years? - What agency depts are seeing more promotions? e.g. fast-growing areas like digital? - What are the benefits of being a partner? - What type of commitment is required from partners, if any? - How does all this compare to peer agencies? Many talent reps are thinking through decisions about staying VS leaving at bigger co's, starting their own firms, staying independent, and more. This is important info to track. For both those starting out their agency careers, and more seasoned agency execs thinking about their next career step. #media #agency #creatoreconomy
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Adam Kaplan
The cloud-based SportsGrid Out-of-Home Content Solution will enhance the fan experience by delivering a 24/7 real-time on-screen L-Bar overlay featuring breaking news, scores, injury reports, odds and more to fans watching the game in public spaces. We're pleased to be launching the SportsGrid OOH Content Solution in partnership with Barvanna Network, a sports & entertainment TV network specifically designed to entertain out-of-home viewers. The Barvanna Network is available to more than 3.5 million screens in the US and 36,000 internationally. Located in sports bars, restaurants, health clubs, offices and hotels including major brands like Applebee's Neighborhood Grill + Bar, Buffalo Wild Wings, Hooters of America, Dave & Buster's Inc., Twin Peaks Restaurants, Yard House Restaurants, Mellow Mushroom, TGI Fridays, Islands Fine Burgers & Drinks, Tilted Kilt Pub & Eatery, Pizza Hut, Carrabba's Italian Grill, Olive Garden, Denny's, Buca di Beppo and Hyatt Place. The SportsGrid content solution presents OOH publishers with an untapped programming resource to connect sponsors with their engaged sports audiences. The new syndication platform serves as the sports betting content source to integrate publishers and the massive sports gaming audience unlocking an entirely incremental revenue stream. Put simply its a big win for SportsGrid and our partners! Read more here: https://lnkd.in/e435fXp3 Charles Theiss Jeremy Stein Louis M. Maione Jason Sukhraj Gregg Sussman Michael Cardano Carl Cutforth Alex Levine Rebecca Harrelson #sportsbetting #sportsmedia #OOH #Streaming
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Neal Ghosh
The existing paradigm in the early stage startup ecosystem is there are only two personas which matter: founder and investor. Investors provide capital and guidance. Founders provide vision, grit, technical ability, and savvy management skills to convert capital into disruptive impact and then returns. Other participants -- employees, service providers, consultants, advisors -- rarely if ever are put on a similar tier. They're met with indifference, even skepticism, and are thought as tactical (means to an end) rather than strategic. What's lost in this paradigm is that some of these partcipants -- venture builders in particular -- are delivering a high-value add, both in terms of generating a higher IRR but also speeding up the time to liquidity. At 9point8 Collective we have lots of conversations every day about venture building. Some people are completely unaware of the concept, many are resistant to the premise and need some convincing. Either way, it's our job to educate and advocate. How do we do it? Data helps. Reports like the one here are invaluable, as are our own case studies and testimonials. As evidence mounts in favor of studios, so does the interested audience. Narrative helps too -- walking people through the studio concept, mechanics, and operating model. Breaking things down into why and how they work, not just the data deems it to be so. Finally, the passion and the people make a difference. There's a growing community of venture builders who support each other, share best practices, and willingly collaborate. That develops critical mass which in turn attracts more and more participants into the fold.
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Dan Goman
Elon Musk's introduction of the X TV app marks a significant shift in the ongoing #streamingwars, setting a new benchmark for #socialmedia platforms considering entry into the streaming domain. By merging social media with streaming, platforms like X TV not only diversify their revenue streams through advertising, subscriptions, and interactive features but also redefine economic models within the industry. This also clearly highlights how streaming competition now extends to social media platforms, which boast large audiences that are shifting away from traditional content programming towards offerings that better align with user preferences and personalities. This trend presents an additional challenge for the traditional content industry, which has recently found it difficult to create content that resonates with audiences and generates significant revenue. Musk's recent business moves have been hinting at launching X TV as a next step, leveraging direct #engagement with a diverse audience and notable personalities to extend his brand’s influence. The X TV app, with features like a trending video algorithm and AI-powered content curation, integrates social media dynamics into traditional viewing experiences, potentially catalyzing similar innovations across the streaming industry. This integration offers exclusive video content and could pressure traditional streaming services to adopt more diverse content creation and engagement strategies. The fusion of social networking and streaming on platforms like X TV allows for interactive viewer experiences, including real-time comments, shares, and potential influence over live broadcasts. This strategic move by Musk could inspire further blending of technology and media formats across the industry, prompting a reevaluation of engagement metrics and monetization strategies. As the landscape evolves, agility and innovation in content offerings will become crucial for companies striving to remain competitive. https://lnkd.in/g_y_BTkw #streaming #ElonMusk #LITrendingTopics #UserEngagement
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Kevin Rivers
I’m going to give you guys the blueprint of how I believe the music industry is going to go: First was Fan Interaction: Where fans were able to buy music through vinyl, cassettes, and CDS. Fans were able to discover new music through traditional radio and cable TV which increased opportunities to interact with new music from breaking artists. With the advent of social media and music streaming came the next wave which is Fan Engagement: Now fans can actually engage with music through home videos which became a viral engine through platforms like YouTube and TikTok. Music streaming platforms like Spotify were able to simplify Fan Interaction through user generated fan-made albums (playlists) and discovery through algorithmic recommendations. Now, with generative AI comes a unique opportunity I call Fan Participation: For the first time in the history of the music business, fans can become part of the creative process and work with artists on a much more deeper level. Artists can earn royalties through the creative imagination of the fans. I look at Grimes AI as a perfect example of this. There are so many applications and possibilities that is untapped and riped for innovation. Instead of looking at it like Napster 4.0, majors need to take a double look at new AI technologies that can enhance the fan participation experience. Music used to be an art form where certain creators can benefit. Now with AI, the art can be shared and collaborated with the fans. This not only increases fan engagement but also fan interaction as well. It’s a triple-win for major record companies and large indies.
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Stuart Coxe
Post-podcast bubble it looks like deals are being made again for real businesses. The PodX model is to roll up profitable audio businesses with real revenue. Given that greed and fantasy led everyone to imagine their loss-making audio division was the next Tesla, or that their revenue alone was worth multiples of total valuation, it’s good for the industry that sanity and hard cash is returning. After pets dot com and the yo app there came Amazon and Tik Tok. From what I know of the podx people they are savvy, and the Swedes know a thing or two about audio. #podcast #business #uk https://lnkd.in/gU-MCkVT
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Ross Adams
We’ve started the year as we mean to go on - have a watch below 💪 Acast is on track to hit EBITDA profitability in 2024 with major profit improvements, thanks to a 25% increase in sales YoY, improved gross margin and a continued focus on cost control. Earlier today, CFO Emily Villatte and I shared our latest financial results for the first quarter of 2024. And what a start to the year it’s been. From turning 10 a few weeks ago – a mammoth milestone for us and the business of podcasting more generally – to Podtrac, Inc. ranking us at number one in their monthly global podcast publisher ranking, it’s been a great few months and we are optimistic for the year ahead. Thank you of course to our incredible Acasters globally for all of their hard work, dedication and continued perseverance. Without you all, Acast would not be possible – so I am truly so grateful for each and every one of you, for everything you do. And of course thanks to our creators, to our advertisers and to our partners globally for continuing to believe in Acast. I honestly cannot believe it’s been a decade, but I am so proud of everything we’ve achieved together. So, here’s to the next 10 – and podcasting continuing on this upwards trajectory. I have a feeling the next decade’s going to be a good one. - 💰 Our net sales grew 25% compared to Q1 ‘23 - 💸 Our EBITDA margin was -4% (up from -18% last year) - 📈 Our gross margin was up 3%-points year-on-year at 39% for the quarter, resulting in a 34% increase in our gross profits - 🎙 Our platform hosts nearly 125,000 registered podcasts and 2,700 advertisers globally - 🎧 Our listens landed at 1.1 billion for the quarter. - 🤗 We’ve now paid out more than $350 million to our creators since launching You can read our full report at https://lnkd.in/etuGCqAz, or listen back to our presentation (in podcast form) here: https://lnkd.in/eQbNWZnx.
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Kamil Levinský
Thrilled to share the achievement of one of my investments: Atomontage Inc., a revolutionary deep-tech company developing groundbreaking 🤯 Atomontage's Virtual Matter technology that represents a paradigm shift in 3D content streaming and collaboration, allowing for entirely new ways to stream and interact that can be used for example in social gaming experiences as described in the article bellow 🎮 . And guess what? It’s not just for gamers. Atomontage’s technology allows completely different user experiences of everything from architectural walkthroughs to medical simulations or any other applications where real-time 3D interaction is of utmost importance. You can guess the type of classified applications 😀. 👩⚕️Their technology is the future for 3D real-time interaction and let's see if my bullish assumption on Atomontage's potential to disrupt the industry will materialize. 🚀 #venturecapital #startupinvestor #deeptech #gaming #3Dcontent https://lnkd.in/ePAFtT7x
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Jon Kirchner
Have we reached the crescendo of music streaming yet? I highly doubt it. The industry has exploded over the last decade. Between 2010 and 2020, its revenue grew by 34 times, according to an IFPP report — with no slowing tempo on the horizon. Today more than 4 in 10 Americans listen to music via streaming services, according to a CBS News poll. A lot of this listening is happening via TV. In fact, about 70% of Gen Z and 80% of Millennials listen to music through their TVs at least once a month. Xperi Inc. brands’ focus on quality sound experiences is helping to make this transition possible, simple and enjoyable. Our tech offers high-quality, immersive audio experiences whether at home or on the go. For instance, smart TVs Powered by TiVo provide access to music streaming services like Spotify, eliminating the need for additional devices. And DTS AutoStage integrates streaming services right into the car’s dash. We’ll continue innovating to make sure music streamers can have meaningful listening experiences anywhere, any time. What’s your favorite way to stream music right now?
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Jacob Effron
Last week, Suno announced $125M in funding, marking a significant milestone in their journey to reshape the music creation landscape. On this week's episode of Unsupervised Learning, we caught up with Suno's founder, Mikey Shulman, to hear the latest (and workshop some new intro music for the pod 👀). Some of my favorite take-aways 👇 Non-text based prompting While text-based prompting has been an effective approach so far, Mikey argues that it’s a sterile way to describe what you’re really after. Users should be able to really pour themselves into a song, which might require expressing themselves through a montage of visuals or recorded sounds from every-day life, belting out a melody or tapping on the table to create a beat. Everything multi-player Picture musicians jamming together in real-time shooting musical ideas back and forth—it's all about making music creation as natural as having a conversation. Mikey’s really into the idea that these collaborative sessions can be just as fun for someone who's just starting out as they are for seasoned pros. It's about opening up music making to everyone, no matter their skill level, and creating a community vibe that lets everyone contribute their own flavor. This way, making music becomes not just more enjoyable but a shared experience that anyone can be a part of. One of the coolest night’s of Mikey’s journey Mikey got a kick out of seeing a popular Twitch streamer use Suno for a digital concert that pulled in a football stadium’s worth of people. It wasn't just about the size of the crowd though—the cool part was how viewers could use micropayments to interact directly with the performer. This takes your usual digital concert and turns it into something super interactive. How Suno does model eval Mikey shares how tricky it is to evaluate models in music compared to other fields. Suno looks at things like audio quality, but those metrics are far from perfect. At Suno, they believe that aesthetics really matter—so much of this comes down to how the music feels, which is super subjective. Unlike text AI, where you can measure correctness, music doesn't have one right answer. It's all about whether the music resonates with users and gives them the control they want over the creation process. A lot of it relies on human judgment and that's probably not changing anytime soon for Suno. Check out the full episode to hear more from Mikey about the future of music with AI. YouTube: https://lnkd.in/ghh_qhnd Spotify: https://spoti.fi/3WXvkDN Apple: https://apple.co/4aCIOrz
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Sam Hysell
Agreed. Ads/brand revenue can still be a key revenue stream for musicians, but that should be supplementary. The current model has conditioned the average consumer into the mindset that music should be free. The platforms generating revenue from that consumption via ads tout that exposure as valuable for artists while they take their cut and give pennies on the dollar to artists. In doing so, we are unnecessarily accepting a fundamental issue: music has become heavily devalued. As a result, music has become the marketing, not the product. The product/revenue driver for artists is currently live, merch, etc... Unless you're a superstar there's no meaningful income stemming directly from your music being streamed. It's great to see some of the industry's heavyweights, such as Sony, working to take a stand against a broken model. Brick by brick, step by step... excited for the next 10-15 years of biz model innovation. This is not just about change, but about creating a future where artists thrive.
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Chris Erwin
Billion-dollar PE buyouts are ramping, just see today's Squarespace news. Investors in media x agency deals should pay attention... Global deal activity is up 24% for 2024 YTD, with a total deal volume of $726B. Could be the beginning of a cyclical M&A rally, since deal volume was super depressed over the past couple years... ...and investors need to put money to work! Below are some recent public-to-private highlights, including a large media co deal where I did a deep analysis 👇 May 13 • Permira buying website builder Squarespace • Went public in 2021, closed 1st trading day at $5.9B valuation • $6.6 billion May 6 • EQT Group buying US digital consultancy Perficient • EQT also backs UTA, which has grown through M&A • $3 billion April 2 • Silver Lake buying diversified media co Endeavor • WME / UFC parent co TKO Global will stay public • $13 billion April 1 • Advent International buying payments processor Nuvei • Nuvie backed by celeb Ryan Reynolds • $6.3 billion Similarities across these recent deals include... - founder / CEOs staying on post deal - belief that targets are undervalued in public mkts - desire for more flexibility to grow, do M&A, and drive ent value for new owners That last point is key, as I think there's a strong desire to grow through M&A in a market where there are many sellers who can get picked up at good/fair prices VS the crazyness of 2020/2021. This is timely because... Last month I wrote about public-to-private deal dynamics in my Silver Lake / Endeavor analysis, check it out here --> https://lnkd.in/gtprBx7U I'm also working on an active client deal with similar characteristics, and it's important to know where capital is flowing, and why. Are you all seeing a similar trend?? -- I'm the founder of RockWater Industries. We do M&A and strategy advisory for media, agencies, and creator economy. My DMs are open. #media #agency #creatoreconomy
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Kevin Mowrer
Digital Nomads. So many of us have become wanderers moving from sub to sub based on that hot show and Ian's post unpacks this clearly. I feel that this is a streamer self-inflicted issue. Cost of subs goes up, nomad behavior goes up, cost of content supply goes up, possibly time to examine the fulcrum of diminishing returns and make different decisions/models of subscription? I continue to believe that under these worsening returns, aggregators and new models for additional windows will be what thrives.
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lok apk
🔗 New Insightful Article: Loklok vs Netflix - Which is the Superior Streaming Service in 2024? 🔗 Choosing the right streaming service can be crucial for both consumers and industry professionals. We've conducted an in-depth comparison between Loklok and Netflix to see which platform offers the best value in terms of privacy, content, and cost efficiency. Key Comparison Points: User Privacy: Understanding the data protection measures of each service. Latest Content: Evaluating the speed at which new content is made available. Subscription Charges: Analyzing cost-effectiveness for various user demographics. Our comprehensive review provides essential insights for marketers, content creators, and media professionals looking to align with consumer preferences and trends. 👉 Read the full article here for a deeper dive: [https://lnkd.in/efvEn2gh] Discussion: What factors do you consider most important when choosing a streaming service? Let’s discuss below! #MediaIndustry #StreamingServices #DigitalContent #BusinessStrategy
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Garnet S. Heraman
Today’s read from BBC is a thought provoking one. Even in our current era of peak technological advancement pushing society forward, there’s simultaneously also an unprecedented revival of #analog technology. Vinyl #LPs for the latest Taylor Swift album are selling out, most of the last year’s best picture contenders at the Oscars were shot on traditional #Kodak film-stock, and photographers are embracing the classic #aesthetic of film grain. So, even though analog is much less convenient than our digital counterparts, what is drawing people of all ages to outdated technology? Something that ties all of these things together is the fact that these devices are used in #artistic mediums, and for the “#craftspeople” who prefer analog in these fields, there are still qualities to “slow” tech that digital doesn’t quite offer. Vinyl LPs are capable of capturing all the nuances of music without losing detail to digital file compression. #Digital cameras can capture even more than the human eye, but film offers a stylistic and heightened look that is harder to achieve elsewhere. Ultimately, analog technology is more difficult to use, but these are also valuable #skills that could be lost if we don’t nurture them for future generations. #Art is very different from #business, but maybe in the age of #AI, this is something worth paying attention to.
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Rafael Schwarz
With the introduction of video ads and e-commerce, Roblox looks to attain #media platform status With the launch of ecommerce and video ads earlier this month, Roblox has made its ambitions loud and clear. No longer satisfied with being a hub for gamers, the company is looking to transform into an #advertising channel. Marketers can purchase video ads through Roblox’s self-serve Ads Manager tool, and the company has also partnered with PubMatic to allow brands to programmatically purchase video ads on Roblox in the near future. Video ads in Roblox take the form of screens embedded within Roblox’s virtual worlds, much like the billboards and Portal ads that are already visible inside Roblox experiences. Video ads and #ecommerce are a natural evolution for Roblox, but they represent only the beginning, not the end, of the company’s expansion into a full-service #metaverse platform. However, Roblox still has a long journey ahead if it wants to enter the same weight class as Amazon or Meta. #gaming #digital
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Paul Greenberg
Move over, ElevenLabs. Dubai-based Camb AI claims to have surpassed the presumptive AI audio leader with a model that can capture even more diverse emotional tones and pitches, covering all sorts of complex speech scenarios, such as when a person is frustrated, commanding, calm, or even spirited. It also supports over 140 languages, compared to ElevenLabs’ 36. Normally, voice cloning and text-to-speech conversion are two separate offerings. With its new model, Camb AI is taking the work ahead by mixing both capabilities into a unified platform. All a user has to do is upload an audio file, ranging between a few seconds to a minute, and provide the text content. The model will then use the speaker’s voice in the audio file as a reference, capture the relevant details – including the original voice, speaking style, emotion, enunciation and meaning – and synthesize the provided text as speech using it. No doubt ElevenLabs is already working on improvements to its model, so I’m sure we’ll see new functionality from them soon. The only constant is change, and rapid change at that.
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