Music Industry Miscellany
>>> In a prediction that I think is very conservative, Jupiter Research forecasts that digital
music spending in the US will reach $2.5 billion by 2012 and and that digital downloads
spending will grow at a 16% compounded annually over the
next five years while the smaller subscription services will
grow at a 32% rate. Interestingly Jupiter chose not to include ringtones in its estimate (press release)
>>> At yesterday’s MacWorld Apple announced that iTunes has now sold more than 2 million songs (half in the last year alone), 50 million TV episodes and 1.3 million feature-length films.
>>> Please vote in our exclusive poll and let the world know which major label if any you think will most aggressively experiment with DRM free mp3;s.
>>> Sirius has paid Howard Stern a $82.9 million stock bonus for hitting subscriber numbers. (press release)
>>> CES and MacWorld are happening this week and that means lots of deals to keep up with. Be sure that you’ve got the latest scoop on:
- Nettwerk’s deal with INTENT for viral distribution.
- WMG’s deal with MobiTV
- WMG’s pact with Motorola
- Apple’s iPod phone which we think might be a major tipping point for digital music. Check out our commentary.
