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| | dmusic.com - Online music sales falter (Site not responding. Last check: ) |
 | | And because of piracy, competition for entertainment dollars, changing demographics, the end of the CD upgrade cycle, online music sales won't be as fat as it predicted at the beginning of the year, says the company. |
 | | But now, "Due to overall music industry doldrums and lackluster digital offerings," online music will grow from less than $1 billion in 2003, to $3.3 billion in 2008, "when the Internet will account for 26% of U.S. music spending," it says. |
 | | At $750 million, online CD sales will remain essentially flat in 2003 and although Apple has rekindled interest in digital downloads, revenue from downloads and subscriptions won't be more than $80 million this year, states senior analyst Lee Black. |
| news.dmusic.com /article/7273 (1324 words) |
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