September 23rd, 2003
Informa: Digital music $3.9 B by 2008
As part of the fourth edition of its “Music on the Internet” report, Informa also notes that the strength of the P2P file-swapping services will not allow the digital music business to fully thrive, as $2.4 billion will be lost to P2P services this year, and $4.7 billion will be lost by 2008.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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