Business Services Industry
JupiterResearch Reports The Sweet Spot For Capacity of Portable Digital Music Players is 1,000 Songs
Business Wire, April 22, 2004
Business Editors
NEW YORK--(BUSINESS WIRE)--April 22, 2004
JupiterResearch, a division of Jupitermedia Corporation (NASDAQ: JUPM), today announced that the sweet spot for capacity of portable music players by online consumers is 1,000 songs.
Based on a JupiterResearch online consumer survey, the new research report "Portable Media Devices - Beyond Music" states that 90% of consumers who maintain a music collection on their PC have no more than 1,000 songs in their collection and that 77% of consumers interested in purchasing a portable media player would want a portable music player with a capacity of 1,000 songs. The report also concluded that about 45% of online users interested in buying a portable media device are interested in video functionality on that device. This interest will ultimately create market demand for larger capacity players that can hold more than 1,000 songs enabling users to store video as well as music. The report elaborates on the factors that will be critical to the commercial success of next-generation media players.
"This report goes a long way towards explaining success of vendors that have focused on capacities of 4-5 gigabytes that hold approximately 1,000 songs and also explains why others have done so poorly with lower capacity devices," said Michael Gartenberg, Vice President and Research Director, JupiterResearch. "Vendors need a clear understanding of consumer preferences like these to capitalize on a promising opportunity," continued Gartenberg.
The complete findings of this report are immediately available to Jupiter Research clients online. For more information on this report or JupiterResearch's Personal Technology research service, please contact Kieran Kelly at 1-800-481-1212 or researchsales@jupitermedia.com.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (www.jupitermedia.com) headquartered in Darien, CT, is a leading global provider of original information, images, research and events for information technology, business and creative professionals. JupiterWeb, the online division of Jupitermedia, operates four distinct online networks: internet.com and EarthWeb.com for IT and business professionals; DevX.com for developers; and ClickZ.com for interactive marketers. JupiterWeb properties include more than 150 Web sites and over 150 e-mail newsletters that are viewed by over 20 million users and generate over 300 million page views monthly. Jupitermedia also includes: JupiterImages, one of the leading paid subscription-based images companies in the world with over 3.5 million images online serving creative professionals with products like Comstock Images, Photos.com and ClipArt.com; JupiterResearch, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 14 vertical markets; and JupiterEvents, which produces offline conferences and trade shows focused on IT and business-specific topics, including Wi-Fi Planet, Search Engine Strategies and Internet Planet.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release which are not historical facts are "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The potential risks and uncertainties address a variety of subjects including, for example, the competitive environment in which Jupitermedia competes; the unpredictability of Jupitermedia's future revenues, expenses, cash flows and stock price; Jupitermedia's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia's dependence on a limited number of advertisers; and Jupitermedia's ability to protect its intellectual property. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia assumes no obligation to update the forward-looking statements after the date hereof.
All current Jupiter Research press releases can be found online at www.internet.com/corporate/press.html.
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