Skip to main content

2005 Online Music Download Forecast

In 2004, digital music generated $339 million in revenue. Of this, � la carte downloads (individual tracks and albums) accounted for $183 million and music subscription services accounted for $156 million. Apple�s iTunes accounted for approximately 70 percent of � la carte download revenue. Yankee Group estimates that in 2005 revenue from � la carte downloads and music subscription services will grow to $256 million and $192 million, respectively.

According to the Recording Industry Association of America (RIAA), consumers downloaded 139.6 million tracks and 4.5 million albums from legitimate music services in 2004. In 2005, Yankee Group estimates that consumers will download 199 million tracks and 5.9 million albums. However, downloads from licensed music stores continue to pale in comparison to the number of tracks downloaded from peer-to-peer (P2P) networks. With the number of P2P users continuing to grow despite efforts by the music industry to curtail music piracy, consumers downloaded an estimated 4.8 billion tracks in 2004 and the 2005 total will likely reach 5.7 billion.

Popular posts from this blog

Frontier AI Peaked. Here's What Comes Next

The prevailing narrative around artificial intelligence (AI) has been one of relentless scale. Bigger models, bigger clusters, bigger budgets. The assumption, largely unchallenged until recently, was that raw parameter count translated directly into competitive advantage. New research from Omdia suggests it's time to retire that assumption. According to the latest market study by Omdia, parameter growth in frontier AI models has slowed to around 5 percent annually since 2021, a stark contrast to the more than hundredfold expansion seen between 2019 and 2021. Enterprise AI Market Development For executives who have been making infrastructure and investment decisions based on the assumption that AI would keep demanding ever-larger, ever-more-expensive hardware, this finding deserves serious attention. The race to the top of the model size leaderboard has, at least for now, plateaued. Crucially, Omdia's analysts are not reading this as an AI winter. Alexander Harrowell, senior pri...