Licensing music for podcasts has so far been a difficult task to accomplish. In order to make this goal happen, the US collecting society SoundExchange will be collaborating with SourceAudio on creating a new service for podcast music. SourceAudio is already in the licensing business for the media, so they have the experience for making this new project happen. SoundExchange boss Michael Huppe thinks that the partnership will be good for both podcasters and music companies. Michael said that the podcast music industry was rapidly growing, and that this new collaboration would give musicians a new way to make money from their work by making it available on podcastmusic.com. SourceAudio CEO Geoffrey Grotz added that there’s currently no way for musicians to have rights for their music in the world of podcasts; he believes his company’s new collaboration with SoundExchange will be a start to solving this problem. This new podcasting service is set to launch in 2020. It will be interesting to see how this new service will change the music industry.