According to ElevenLabs (@elevenlabsio), Scribe v2 is now implemented in ElevenLabs Studio to deliver more accurate AI-powered subtitles, captions, and transcriptions. This upgrade is designed to streamline content management for teams handling large-scale audio and video libraries across sectors such as marketing, media, research, training, and compliance. The improved transcription accuracy and automation can reduce manual labor, increase productivity, and ensure higher accessibility in enterprise settings, opening up new business opportunities for organizations seeking scalable AI solutions for multimedia content management (source: @elevenlabsio, Jan 9, 2026).