Boston - Online sales of TV shows, movies and other pre-recorded video programming are expected to grow from $298 million this year to reach $1.5 billion in 2007, according to a report from market research firm Strategy Analytics.
By 2010, the firm predicts, global revenue from online video sales, rentals and subscriptions will surge to $5.9 billion, representing 8% of total home video revenues.
"2007 will be remembered as the year in which online sales of prerecorded video finally become [...].
The following is a blogpost from Sandra Hanchard at Hitwise: I thought I'd look at online music shopping; whether consumers prefer to purchase unbundled songs or a bundled CD product. A report from Forrester this month, Few iPod Owners Are Big iTunes Buyers looks at the number of iTunes tracks sold per iPod shipped, with the key takeaway that "digital music is a tough market – even for the clear leader" (capitalization removed).
Hitwise data in the Australian market certainly indicates [...].
New York - Digital music service eMusic, the second-largest online music seller after iTunes, announced on Wednesday that it has now sold over 100 million digital song downloads.
The company launched its current subscription model three years ago, and passed the 50 million download mark about a year ago. To commemorate the milestone, eMusic commissioned the pop group Barenaked Ladies to write and record a song about the 100 millionth downloader, Michael Brennan of Moorsetown, New Jersey.
The New [...].
Cambridge, Mass. – Sales at Apple's iTunes Store fell 65% in the first six months of 2006, according to a survey of U.S. iTunes debit and credit card purchases conducted by Forrester Research.
The number of monthly iTunes transactions dropped 58% in the first half of 2006, while the average size of purchase also declined by 17%, the report said. Forrester couched the report's findings by noting that it wasn't clear whether seasonal sales patterns may be a factor. A [...].
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New York - Songs by the Beatles may soon be available for purchase on Apple's iTunes Store, according to Fortune magazine. Citing a music industry executive apprised of the talks, details of the deal are still being worked on — such as the amount of an advance to be paid to the Beatles, and how long any iTunes exclusivity for the band's catalog would last.
The negotiations between Apple and EMI follow on a comment made [...]. one comment
Los Angeles - Less than 1% of all content accessed by users of Apple's iTunes and iPod devices is video, a number that climbs to just 2.2% for video iPod owners, according to report from Nielsen Media Research.
The October survey of 400 iPod owners, which calls into the question the popularity of TV and movies on Apple's products, was published by The Hollywood Reporter, whose parent company VNU also owns Nielsen.
Apple launched its video [...].