Cambridge, Mass. - Global purchases of IT goods and services by businesses and governments will decline by 3% in 2009 to $1.66 trillion, according to a new forecast from Cambridge-based Forrester Research.

New York - While digital music sales in the U.S. are expected to grow from 18% to account for 41% of overall music sales in five years, this will not compensate for a decline in overall sales, which will shrink over the next five years from $10.2 billion to $9.8 billion, according to a forecast from Forrester's JupiterResearch.

Cambridge, Mass. - Market research firm Forrester Research (NASD: FORR) announced on Thursday that it has acquired JupiterResearch from MCG Capital Corp. for $23 million in cash and assumed liabilities.

Cambridge, Mass. - Sales of digital music downloads will grow at a compound annual growth rate of 23% over the next five years, reaching $4.8 billion in revenue by 2012 -- when they will overtake CD sales, according to a new report from Forrester Research (NASD: FORR). Despite the rise, digital will still not compensate for falling CD sales, which will drop off to just $3.8 billion in 2012. "This is the end of the music industry as we know it," said Forrester principal analyst James L. McQuivey.

New York - High prices and competing formats will impede sales of next-generation DVD players for the next 18 months, according to a report from market research firm Forrester Research.

Cambridge, Mass. - Forrester Research, the Cambridge, Mass.-based, technology market research firm, has received notification from the Securities and Exchange Commission (SEC) that it intends to launch an investigation relating to the company's stock option granting practices.

Cambridge, Mass. - The market for paid video downloads is dead on arrival, with revenues expected to peak this year at $279 million before advertising-supported models come to dominate the space, according to a report from market research firm Forrester Research.

Cupertino, Calif. - Contradicting an earlier report from rival Forrester Research, comScore Media Metrix said on Thursday that revenue from Apple's iTunes music download service rose by 84% during the first three quarters of 2006, compared with the previous year.