Broadband households in Europe and North America will re-shape the distribution of recorded music over the next five years, according to Martin Olausson, a Senior Analyst at Strategy Analtyics. His latest research shows broadband households will spend billions of dollars through 2010 to download music from sources like Apple Computer's iTunes Music Store, RealNetworks' Rhapsody, Napster, Yahoo and a hoard of Internet service providers.
According to a new report from the Strategy Analytics Broadband Media and Communications service, broadband users in these regions will spend over a billion dollars on online music this year, with sales expected to reach $4.5 billion by 2010. This figure will represent nearly 16 percent of total sales, up from less than two percent in 2004.
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