Providing market intelligence for more than 35 years

USA Today

Recording Executives See Brighter Outlook

USA TodayOnline music piracy isn't likely to vanish soon, but the rise of paid online services and the growing popularity of portable digital music players portends greater demand for digital music next year and better fortunes for the embattled recording industry, music executives said Monday.

…That alone may not help the industry make up for lost revenue from the millions of songs illegally downloaded using software like Kazaa, nor add up to the kind of profits made off CDs. About 70% of U.S. households don't get their music over the Internet, according to a study by Dallas-based market research firm Parks Associates.

From the article "Recording Executives See Brighter Outlook" by Alex Veiga (AP)

Previously In The News

Report: Video games' reach bigger than thought

Parks Associates said 2005 revenue from dynamic in-game ads was $80 million in 2005 and forecasts it could grow to $605 million by 2010. From the article "Report: Video games' reach bigger than t...

Pac-Man' is going digital

This is just the beginning, says Michael Cai of Parks Associates research firm. "Gaming companies are realizing the value that is buried in their catalog." Money spent on online video gaming is e...

Cable eyes profits from pay-for-play

Cable operators at their annual convention here this week have games on their minds — and not just the corporate kind. Recent industry efforts to standardize digital transmissions and speed processi...

Has your TV room gone upscale yet

Only a fraction — perhaps less than 1% — of the nation's home theaters are marquee presentations such as the Cleage family's. Still, about one-third of home-theater owners spent more than $1,500 for...