December 8, 2008

Mobile Music Sales Will Reach $3.2 Billion by 2012 But Analysts Say 'Tracks Must Be Free'

The music industry has got to be prepared to give music away for free, according to analysts SScreen Digest. The Washington Post reports.

quotemarksright.jpgIn a study of 27 countries including the UK, US and western Europe, Screen Digest predicts mobile music sales will double from $1.6 billion (£1.26 billion) this year to $3.2 billion (£2.52 billion) in 2012.

But full-track downloads will only make up half of that, with the rest still coming from things like ringtones. The report warns "paying for music is progressively becoming a niche activity as the value of recorded music is already in steep, possibly terminal, decline".quotesmarksleft.jpg

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