Digital Music Revenues to Hit $20 Billion by 2015
Date: Tuesday, March 08, 2011 @ 19:56:54 UTC

Analyst Mark Little said "Digital music will experience what might appear to be healthy growth over the next five years, but there is a danger that this could mask the fact that the industry is not maximising revenue potential. There is too much free music available in the digital economy and not just the illegal kind. Free Internet radio such as Pandora or Grooveshark, and freemium on-demand music services such as Spotify, are offering free music without maximizing advertising or premium subscription revenues for themselves or the industry." Complete Article

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