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2002-09 UPDATE - Market Snapshots
of the WEB
August 2002. Over 50 percent of American
Internet households are interested in networking digital entertainment content
among PCs, TVs, stereos, and DVD players.
-source Parks Associates
August 2002. Sales of music CDs fell
by seven percent during the first six months of this year. The number of pirated
compact discs acquired by Internet users has doubled from a year ago.
-source: Recording Industry Association of America
August 2002. There is no evidence of
decreased CD buying among frequent digital music consumers. The 15 percent drop
in music sales in the past two years can be attributed to a number of causes including
the economic downturn and competition from surging video game and DVD ales. Consumers
want the right to control their music by burning it onto CDs or copying it onto
an MP3 player, and will demand the right to pay by the song or album, not just
via the subscription services currently offered by labels. By 2005, labels will
endorse a standard download contract that supports burning and a greater range
of devices.
-source: Forrester Research
August 2002. Consumers will continue
to flock to unlicensed file sharing services because of their unlimited content
and zero cost. In 2001, US Consumers downloaded 5.16 billion audio files in the
US via unlicensed file-sharing services.
-source: Yankee Group
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