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iHeartless

DavidEduardo said:
Yes, the satellites have a high replacement cost. That is why both the individual companies and the merged Sirius / XM funds an account for the replacement of them every year.

Obviously, Sirius / XM knows that eventually car dashboards and 5G will replace the need for satellites, but with the average car on the road in the US being almost 11 years old, the satellite distribution system has to stay around at least another decade or more.

Remember, Pandora is essentially a bunch of custom radio stations... a free model with ads and a paid one without. Spotify is an on-demand service, where every tune is selected by the user, either one-by-one or via a playlist. So Spotify is like a consumer's collection of 45's or their home-made cassette collections.
Click to expand...

To add to the last paragraph: Up in Canada, Stingray Music operates much the same as Pandora(in that it has a bunch of custom radio stations; Boom 97.3 in Toronto(owned by the Stingray Group)runs promos regularly for its app, which I have on my phone).
 
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