Internet music sales: "100 percent growth over next 5 years".

Tape-Disc Business, August, 1997

Internet music sales are expected to grow 100 percent a year over the next five years, according to a study done by Jupiter Communications, a research firm in New York. Media manufacturers will be happy to know that Jupiter Communications has found that "music on the Internet has become the victim of too many media articles predicting the demise of the major labels and traditional retifiers" when in fact the Web offers opportunity to sell more. In terms of replication, the opportunity to make more. That's in addition to offering independent artists with no label perhaps to sell directly to the consumer. And that seems to be good news in an industry where music sales have been sluggish for the last few years.

Jupiter's study, entitled "Music Industry and the...

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