Feeds

Punters demand broadband music

Europeans willing to pay for legal downloads

  • alert
  • submit to reddit

The smart choice: opportunity from uncertainty

Fifty-five percent of European broadband users would pay up to €15 a month to download legal music files to their PCs, according to a seven-country survey by research firm Strategy Analytics. The possible annual revenues could amount to €650m.

Those surveyed as part of "Online Music: Europe's Sounding Good", expressed considerably more interest in downloading music files than in other broadband entertainment services.

Sixty-three per cent of respondents were "very" or "somewhat" interested in downloading music, compared to 41 per cent who wanted streamed movie clips and 32 per cent who were interested in playing games with other PC users.

In addition, the willingness to pay for music downloads was nearly three times higher than the next service - listening to streamed audio of music channels.

"Music companies should strike while the iron is hot," said David Mercer, principal analyst at Strategy Analytics. "Broadband users are clearly ready and waiting to start downloading music tracks, and to pay for the privilege. Incremental revenue opportunities await those pioneers willing to explore new business models offered by on-line delivery," he said in a statement.

The report also found that on-line music aggregator On Demand Distribution (OD2), which is currently leading the European market, will come under pressure from a number of new market entrants during 2004.

Bristol-headquartered OD2, which was founded by musician Peter Gabriel, currently has 260,000 music tracks available for streaming and downloading through its Sonic Selector platform. The company has digital music deals with MTV Europe, French ISP Wanadoo, UK dance music brand Ministry of Sound and music retailer HMV.

© ENN

Eight steps to building an HP BladeSystem

More from The Register

next story
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Major problems beset UK ISP filth filters: But it's OK, nobody uses them
It's almost as though pr0n was actually rather popular
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
All those new '5G standards'? Here's the science they rely on
Radio professor tells us how wireless will get faster in the real world
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup
Just hook us up to more 10Gbps ports, backbone biz yells in tit-for-tat spat
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.