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U.S. Digital Music Forecast: What Fate Awaits the Record Labels?Product Type: Market Research ReportPublished 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.Table of Contents
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