Streaming and downloaded A/V will produce $2.6 billion in revenue this year, according to the research outfit AccuStream iMedia Research. That’s an increase of 39% from last year, the number crunchers note.
Of that total revenue, only 2.2% is expected to come from movies. “Entertainment,” including TV shows, should register 3.4% Real Networks’ SuperPass video service will pull 4.1%, AccuStream said.
The lion’s share, of course, goes to music, which is predicted to snare 85% via mostly download sellers such as the market-leading iTunes Store. Sports is tagged at 5.4% and news 1.2%.
The downloading of movies, forecast at $60 million in 2007, is up 133.4% over 2006, and is on track to break the $100 million threshold in 2008, AccuStream predicts. “Movie revenue growth has been hampered by limited availability of both front line titles and catalog depth,” the researchers note, to nobody’s surprise.
“Demand for premium content from studios and broadcast networks will boost revenue and share as offerings expand over a 3-7 year period,” commented Paul Palumbo, wonk-in-chief at AccuStream.
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