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:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

How Amazon Ads Might Change the Game

How Amazon Ads Might Change the Game

Will the Great Recommender introduce "pretargeting" to the menu? Is it destined to become the King of Conversion? Or will its ad business simply settle in between Google's and Facebook's?

Less Than Half of Marketers Say the C-Suite "Gets" Digital

Less Than Half of Marketers Say the C-Suite ...

The long road to digital marketing leadership starts with organizational alignment, a study finds.

Candidates Hook Into Twitter

Candidates Hook Into Twitter

A digital agency for politicians puts the power of presidential electioneering into the hands of Congressional campaigns.