Report: TV, Movie Download Revenues to Hit $6.3 Billion in 2012

Authored by Mark Hefflinger on January 29, 2007 - 10:45am.

London - Fueled by broadband penetration, revenues from legitimate movie and TV show download services are expected to grow tenfold to $6.3 billion in 2012, according to a report from market research firm Informa Telecoms and Media.

Services such as Apple's iTunes Store, which sells TV shows and more recently, movies, along with Google Video, Movielink and others will benefit from an increasing number of global households with high-speed Internet access.

However, Informa warned, some media firms have been reluctant to embrace online television, a remnant of the piracy fears realized by the music industry.

"Companies that do not make their content available online will suffer most from the effects of piracy," said Informa media research manager Adam Thomas.

 

Related Links:
http://www.informatm.com/itmgcontent/icoms
http://www.ft.com/cms/s/898100ae-af00-11db-a446-0000779e2340.html

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