A New Horizon for Audiobooks
Hanyang University’s startup team, LionRocket
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With the advent of Audible, an audiobook service by Amazon, audiobooks have been gaining enormous popularity. The fact that people can listen to books with voiceovers regardless of the place and time makes it even more convenient, and the user range can include the visually handicapped as well. However, not being able to personally select the desirable voiceover may be conventional. In order to improve the traditional audiobooks out in the current market, a startup team named LionRocket consisting of three Hanyang University student entrepreneurs gathered to create audiobooks using different voices, including celebrities. The LionRocket team, formed in February 2018, has seized various opportunities and was awarded prizes for winning numerous startup competitions. In the recent 2018 Excellent University Startup Competition in Seoul, held on September 20th, 2018, the team was awarded the prize of excellence.
(Link to LionRocket's YouTube channel)
Business model planning was not an easy process in the beginning. As the members lacked financial support and knowledge in artificial intelligence (AI), they had to spend their own money in the first month to initiate the plan. However, after receiving subsidy from Hanium, a center that provides IT talent training, and collecting prize money from winning various university startup competitions, they were able to utilize a GPU with a deep learning service and start their studies on AI. LionRocket is now awaiting government subsidy.
Seok Ga-ram email@example.com
Photos by Park Guen-hyung
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