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Streaming Media To Reach $70 Billion

Streaming video and music will bring in $70 billion in revenue over the next six years according to a new study from Insight Research," Streaming Media, IPTV, and Broadband Transport: Telecommunications Carriers and Entertainment Services 2008-2013."This covers revenues generated from digital audio and video files over the Internet, an IPTV network and mobile devices. The files can be streamed on-de3mand or in real time, but cannot be stored locally.