WebProNews

Mobile Music Revenue To Reach $11 Billion

Spending on mobile music is on track to hit $11 billion and account for 30 percent of worldwide-recorded music revenue by 2011, projects Understanding & Solutions. Mobile music currently accounts for 13 percent of global recorded music revenue. "Alongside online, mobile music is essential to the future of the music industry," says Understanding & Solutions Consultant, David Sidebottom.

Online Holiday Sales To Reach $39 Billion

U.S. online holiday retail sales will reach over $39 billion in 2007, an increase of 20 percent over last year's holiday season, according to a JupiterResearch report "U.S. Online Retail Holiday Forecast, 2007."

Online Ad Spend To Reach $42 Billion

Advertisers are on track to spend $21.4 billion on the Internet in 2007, according to an eMarketer online ad spending report. By 2011 spending on advertisements online is estimated to hit $42 billion.

China Online Ads To Reach RMB 10 Billion

Online advertising in China is reaching double-digit growth so far in 2007, according to Nielsen's AdRelevance report.

Community Broadband Act To Reach Senate

The bipartisan Community Broadband Act, supported by some well-known US senators, was passed out the Senate Commerce Committee today and will proceed to the full Senate for a vote.

MySpace Domination in the U.S.

Datamonitor predicts that social networking sites will level off around the world in the year 2012. They also predict that the plateau will hit even sooner in the US. In the meantime, global active memberships in social networking sites are growing.

Beauty of Editorial Review Sites

Once you have a trusted brand you can create low value white label brands that are given a free pass by search engine editors based on the trust of your core brand. These can feed back profits to your main site in many ways, including allowing you to:

Google Shares Reach Record High

Shares of several major Internet companies were up Monday. With Google and Expedia reaching all time record highs.

Local Online Advertising To Reach $7.8 Billion

The dollar gap between U.S. local online spending and total local media ad spending is large with $97 billion going to offline media such as yellow pages and newspapers. Only 2.9 percent of all local ad spending will go online in 2007, or $2.9 billion.

Movie Downloads To Reach $720 Million

The market for movie downloads will hit $720 million in 2011 in the U.S. according to Screen Digest's "Online Movie Strategies: Competitive Review and Market Outlook" report. Content owners and studios will take in $530 million of that revenue and service providers including Amazon, Apple and Netflix will have whats left over.