February 15, 2008
The End Of The Music Industry As We Know It
The State Of The Digital Audio Market 2008
with Ellen Daley, April Lawson
Executive Summary (This is a document excerpt)
The close of 2007 marked the end of a decade of decline for the music industry. Digital audio — first illegal and now legal — has permanently changed how people find, buy, and listen to music. The new music industry economics will bring in $4.8 billion in revenue from digital downloads in the US in 2012, yet even the 23% compound annual growth rate (CAGR) from now until then will not compensate the industry for its losses. Media executives eager to stay afloat in this receding tide must clear the path of discovery and purchase, but only hardware and software providers can ultimately make listening to music as easy as turning on the radio.
Buy Risk-Free
Download and print PDF immediately. Price: US $499
Our Money-Back Guarantee: If you are not completely satisfied, return it for a full refund within three weeks of your online purchase.
Already a Forrester Client?
Log in to read this document.
TABLE OF CONTENTS |
NOTES & RESOURCES |
|---|---|
|
recommendations
WHAT IT MEANS
|
Forrester interviewed and was briefed by MP3 player manufacturers, music labels, online music distributors, Internet radio providers, and others in adjacent spaces in writing this report. In addition, Forrester surveyed more than 5,000 online consumers in the US and Canada in Q3 2007 and asked them where and how they listen to music and audio, specifically including MP3 player use and digital audio file downloading and listening, whether on a PC or a portable player. Related Research Documents
November 30, 2007
August 20, 2007
February 8, 2007
March 27, 2006 |
The Music Industry Has Woven A Tangled Web
It Used To Be Easy To Find And Listen To MusicFind Documents In Related CategoriesThis document falls under the following categories. Click on a link below to find similar documents.
|
||||||||||||
Original air date: Wednesday, August 12, 2009
Special Features
1 Forecast
Research on future technology trends or innovation
 |
 |
 |
Ratings and Comments
Rating:
  out of 10based on 4 ratings across all roles. |
||
 |
 |
 |
