06-30-2009, 08:22 PM
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#1
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Supporter of HiDef
Join Date: Sep 2007
Location: Aiken, SC
Age: 53
Posts: 4,415
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Digital-media sales stalled in Q1
Quote:
Digital-media sales stalled in Q1
DIGITAL: Ad-supported revenue falls on economic downturn
Long expected to surge as demand for such packaged media as DVDs flattens, digital media sales stalled during the first quarter as the economic slowdown cut advertising spending needed to support many media-content Web sites, according to one report.
Sales of digital video, music and videogame content for the 12 months ended March 31 rose less than one percent from a year earlier, slowing from 3.4% and 6.6% trailing-twelve-month sales increases for the two previous quarters, Strategy Analytics said in a statement. Consumer paid digital sales rose 2.9% for the year ended March, while ad-supported digital-media revenue fell 0.7%, according to Jia Wu, analyst at Strategy Analytics and author of the report.
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Complete Article
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