From Fortune.com: The spate of controversial music-business research–from GartnerG2’s report on online music service Pressplay 2.0 (”the most significant development in digital music in two years”) to the usual harangue from the Recording Industry Association of America (sue the Internet!)–reached its zenith last month with Forrester Research’s “Downloads Save the Music Business,” which predicts that downloads will generate $2.1 billion for labels by 2007.
Forrester predicts that after one more year of depressing sales, labels will supply more content on the cheap; the story goes that by 2007 this will create a downloading wave of tsunamic proportions that will wash all this additional money onto the music industry.
Read the article here, and make sure to check out the table at the bottom.
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