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Online Music and Video: New Distribution Channels Emerge
In-Stat/MDR, March 2007, Pages: 33
The popularity of single track downloading, expanding digital catalogues, and the rising demand for music videos are factors contributing to the growth in the digital music market. We expect that by 2011, online sales of digital music will represent 26% of all music purchased worldwide.
The Internet is now an essential distribution channel for digital music; and over the next year, online social networking sites, such as YouTube and MySpace, will develop as key drivers of online music and video. Music downloaded to mobile phones is also a key development in the delivery of digital music.
Our latest report includes new primary research about consumers' behaviors and preferences regarding both online music and video. It also provides an overview of the worldwide online music market, including forecasts for physical media bought online, download/subscription revenue, and regional segmentation. A forecast for full-length songs downloaded to mobile phones is also included in this report.
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