Broadband Homes Drive Online Music Market - ResidentialSystems.com

Broadband Homes Drive Online Music Market

Broadband households in Europe and North America will re-shape the distribution of recorded music over the next five years.
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Boston, MA--Broadband households in Europe and North America will re-shape the distribution of recorded music over the next five years, spending billions of dollars to download music from sources like Apple Computers iTunes Music Store, RealNetworkss Rhapsody, Napster, Yahoo and a hoard of Internet service providers.

According to a new report from the Strategy Analytics Broadband Media and Communications service, broadband users in these regions will spend over a billion dollars on online music this year, with sales expected to reach $4.5 billion by 2010. By 2010 more than 60 percent of online music revenues will come from subscription-based services that give customers access to millions of songs for a fixed monthly fee.

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