Wednesday, April 16, 2008

"Revenue Opportunities Abound In Online and Mobile Music Distribution"

Here are a few nuggets from In-Stat's latest research findings:
  • Dollar sales of online digital music increased 48 percent between 2006 and 2007 to reach $3.05 billion last year
  • Digital sales are expected to account for 40 percent of all music purchases worldwide by 2012, up from just 10 percent in 2007 and six percent in 2006
  • Revenue for worldwide full track mobile downloads will reach approximately $4.2 billion by 2012
  • The majority of respondents who accessed online video (72.3%) in 2007 did not pay for the video they saw from the Internet

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