Breaking News

LG Display becomes world’s first to mass-produce 1-120Hz laptop panel ASRock Launches new 240Hz Gaming Monitors Arctic announces Senza AI 370 Under Desk PC for AI Applications CORSAIR Announces the Airflow-focused 3200D Mid Tower for Ambitious DIY PC Builds Silicon Power Launches Enterprise-Grade DDR5 RDIMM to Accelerate AI Workloads

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Media forecast contains rosy predictions...

Media forecast contains rosy predictions...

General Interest Aug 6,2002 0

There's a creepy subtext to the sunny outlook for the media in the latest edition of merchant bank Veronis Suhler Stevenson's Communications Industry Forecast. The bottom line is that the average person will shell out $885 to be informed and entertained in 2006, up 22% from this year. And the amount of time someone will spend watching, listening to or reading media that year will grow by 5% to 3,785 hours -- more than 10 hours a day (double counting time spent multitasking). Music will continue to hit a sour note.

People will buy fewer albums, with unit sales down 13.5% to 846 million. They'll also spend a lot less time listening. The average person will devote 195 hours to recorded music in 2006, down from 238 last year.

That means record companies and retailers won't be able to get away with the big price increases they've been able to make over the last few years. While CD prices won't fall, they won't increase as fast. Discs will cost about $15.22 in 2006, up from $14.69 now.

But Kivijarv says this picture may be incomplete: ''There's no data I feel comfortable with about how much music is downloaded.''

To read the whole article press upon the 'Source' link!

Tags: CD
Previous Post
Plextor Europe announces PleXWriter PX-W4824A (48/24/48)!
Next Post
More games come in smaller packages

Related Posts

  • CDs Remain Popular In Japan

  • CD-R And CD-RW Discs Represent $368 Million in 2013 - CD writers and CD Combo Disappearing

  • CD, DVD Recordable Media Market Down

  • One-Red LLC Lowers Patent Royalty Rates for DVD and CD

  • CD Sales Rise

  • Gartner Says Worldwide Online Music Revenue To Increase This Year As Consumer Spending On CDs Slides

  • Philips Honored With IEEE Milestone Award For The Development of Compact Disc

  • Gartner Says 2008 Should Be the Last Christmas for Retail CDs

Latest News

LG Display becomes world’s first to mass-produce 1-120Hz laptop panel
Enterprise & IT

LG Display becomes world’s first to mass-produce 1-120Hz laptop panel

ASRock Launches new 240Hz Gaming Monitors
Gaming

ASRock Launches new 240Hz Gaming Monitors

Arctic announces Senza AI 370 Under Desk PC for AI Applications
Consumer Electronics

Arctic announces Senza AI 370 Under Desk PC for AI Applications

CORSAIR Announces the Airflow-focused 3200D Mid Tower for Ambitious DIY PC Builds
Cooling Systems

CORSAIR Announces the Airflow-focused 3200D Mid Tower for Ambitious DIY PC Builds

Silicon Power Launches Enterprise-Grade DDR5 RDIMM to Accelerate AI Workloads
Enterprise & IT

Silicon Power Launches Enterprise-Grade DDR5 RDIMM to Accelerate AI Workloads

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed