Share this postPlatform & StreamSiriusXM Hopes Pandora Will Push Biz Beyond Cars; Why Spotify is Betting Big on Podcasting; Vodafone Idea to Launch Music Streaming AppCopy linkFacebookEmailNotesMoreSiriusXM Hopes Pandora Will Push Biz Beyond Cars; Why Spotify is Betting Big on Podcasting; Vodafone Idea to Launch Music Streaming AppPlatform & StreamFeb 08, 2019Share this postPlatform & StreamSiriusXM Hopes Pandora Will Push Biz Beyond Cars; Why Spotify is Betting Big on Podcasting; Vodafone Idea to Launch Music Streaming AppCopy linkFacebookEmailNotesMoreShareSiriusXM CEO Jim Meyer has big plans for the now-largest audio entertainment company in the world.The UK’s Entertainment Retailers Association has predicted that the British music industry will see a new tipping point later this year: the moment when the number of paying music subscribers overtakes the number of free music-streamers.Streaming platforms take center stage in Goldman Sachs latested forecast that music revenue is going to more than double to about $131 billion by 2030. Currently music streaming sales are dominated by top R&B and hip-hop artists and black listeners are the largest streaming user group.Vodafone Idea will shut down Idea Music app and will look to partner with existing music streaming apps to offer content to consumers.'Shiri' is available free worldwide and includes more than 40,000 Hebrew songs.Podcasting revenues hit $314 million in 2017, according to a third-party survey released last summer.Scooter Braun and Zach Katz’s Raised In Space Enterprises investment vehicle aims to forge "proactive collaboration between music and technology”Music industry veteran and tech investor Troy Carter has signed with UTA, The Hollywood Reporter has learned.Spotify's revenue grew to $1.7 billion for the fourth quarter, up 30 percent from one year ago, with a profit of $503 million for the quarter.Stream-ripping sites in crosshairs.Contrary to popular belief, there's a lot of money to be made in podcasting.PreviousNext