For seven years, the Text2Story Workshop series has fostered a vibrant community dedicated to understanding narrative structure in text, resulting in significant contributions to the field and developing a shared understanding of the challenges in this domain. While traditional methods have yielded valuable insights, the advent of Transformers and LLMs have ignited a new wave of interest in narrative understanding. The previous iteration of the workshop also witnessed a surge in LLM-based approaches, demonstrating the community’s growing recognition of their potential. In this eighth edition we propose to go deeper into the role of LLMs in narrative understanding. While LLMs have revolutionized the field of NLP and are the go-to tools for any NLP task, the ability to capture, represent and analyze contextual nuances in longer texts is still an elusive goal, let alone the understanding of consistent fine-grained narrative structures in text. Consequently, this iteration of the workshop will explore the issues involved in using LLMs to unravel narrative structures, while also examining the characteristics of narratives generated by LLMs. By fostering dialogue on these emerging areas, we aim to continue the workshop's tradition of driving innovation in narrative understanding research. Text2Story encompasses sessions covering full research papers, work-in-progress, demos, resources, position and dissemination papers, along with one keynote talk.