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For B2C Marketing Professionals

US Music Forecast, 2009 To 2014

January 13, 2010

Authors

  • By Sonal Gandhi
  • with Mark Mulligan,
  • Seth Fowler,
  • Laura Wiramihardja

Why Read This Report

Recorded music revenues declined by more than half in the past decade. The downward trend will continue for the next few years, with revenues stabilizing at around $5.5 billion in 2014. The primary reason for this is that CDs will decline at a compound annual growth rate (CAGR) of 14%, while revenues from digital music will grow at a CAGR of 13%. Forrester has also included a projection for digital music licensing revenues this year. The growth in digital music licensing will be modest and won't offset the decline in recorded music revenues.

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Table of Contents

  • 2009 Was A Lousy End To A Lousier Decade For The Music Industry
  • The Digital Music Market Is Growing Up
  • Recorded Music Still Has Some Way To Go Before The Bleeding Stops
  • RECOMMENDATIONS

  • Product Innovation And Flexibility Will Get Music Revenues Out Of This Rut
  • Supplemental Material
  • Related Research Documents

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