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Report: European Song Download Market to Reach $5.7 Billion by 2009

Authored by Mark Hefflinger on October 28, 2004 - 4:46am.
Paris -- According to a new report by research and analysis firm Generator, the digital song download market in Europe will reach $5.7 billion (4.5 billion euro) by 2009, a figure that would account for about 40% of the total recorded music market. The report also predicted that the mobile channel will soon figure largely as a sales vehicle for digital music. "Depending on how the mobile operators play their hand, European consumers could spend as much as $777 million (610 million euro) on song downloads during 2009, about 13.5% of the total, and ringtones will be on top of that," said Generator research director Andrew Sheehy. To encourage the successful use of the mobile channel, however, Europe will first need to change its usage-based mobile data tariffs and adopt flat-rate 3G tariffs similar to those introduced in Japan by DoCoMo and KDDI, Sheey said.
http://www.biz-lib.com/ZGNDM.html

tags: Downloads | Music | Reports | Reach | Market | European |



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