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U.S. Digital Music Forecast: What Fate Awaits the Record Labels?

Product Type: Market Research Report
Published by: Yankee Group
Published: December 2007
Product Code: R388-2517
Description
No industry has felt the impact of the Anywhere Consumer more strongly than the recording industry. Since peaking in 1999 at US$14.6 billion in the United States, recording industry revenue (digital and physical) fell nearly 25% to US$11.0 billion in 2006 because of the digitization of music, growth of connected devices, proliferation of fixed and wireless broadband networks, and new distribution channels.
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