Downloadable Music Expected to Boost Sales

Share this article:
Downloadable music will serve as a powerful driver of the market for physical online music sales, which are expected to exceed $2.6 billion by 2003, according to Jupiter Communications, New York.


The report, released this week, predicted that revenue from digital distribution will reach just $147 million by 2003 however, which is only 5.7 percent of the overall value of online music sales.


It predicts that while the next five years will serve as a prelude to mass-market acceptance, it is currently being hindered by a variety of factors including bandwidth constraints, lack of music availability, the presence of a free alternative (MP-3) and a number of portability solutions.
Share this article:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Is the Next Mobile Already at Hand?

Is the Next Mobile Already at Hand?

Researchers quibble about just how big the Internet of Things is going to be, but a new report says it's going to be huge and that marketers need to pay ...

Sony Brings Data to Outdoor Advertising

Sony Brings Data to Outdoor Advertising

Norwegian moviegoers got front-row seats when Sony took dynamic digital ads off the Web and into theaters.

Ramp Introduces Video Platform for Marketers

Ramp Introduces Video Platform for Marketers

The cloud-based platform syncs with marketing automation and capitalizes on user behavior to extend view times.