Word: downloaders
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Dates: during 2000-2009
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...council also considered one piece of new legislation last night—a bill that would allow for the council to promote the movie-download website Movielink.com in exchange for a 25 percent discount on movie downloads for Harvard students. In addition, a cut of the revenue would go to the council...
...with software to link with iTunes, Apple Computer's fee-based Internet music store that now dominates 70% of the online-music market. From his computer, Freer can browse every one of iTunes million-plus songs. He just can't buy any of them?consumers can only purchase and download iTunes tracks now in the U.S., the U.K., France and Germany, because the service only takes credit cards issued in those countries. "I find it very annoying," says Freer, who instead swaps music with friends and uses file-sharing networks...
...handful of enterprising entrepreneurs find that attitude anachronistic. They're trying to make space in Asia's $5.2 billion music market for legal downloads. In 1999, Sudhanshu Saronwala quit his job as the managing director of MTV Asia to co-found the Singapore-based online-music store Soundbuzz. The venture made little progress for four years, but after iTunes proved a commercial success last year, Saronwala is trying again. "The labels have seen that online can be a real, viable distribution channel," says Saronwala. "The domestic labels as well as the internationals?everybody has pretty much embraced it wholeheartedly." Soundbuzz...
...That'll take time. Although Soundbuzz is set to become Asia's first regional digital music store, expanding soon into Hong Kong, India and Taiwan, its download numbers are still modest. Meanwhile, Asia's other pioneering online stores, like Max MP3 in Korea and iBiz in Taiwan, remain small and local. Japan, with its $4.16 billion music market and love of all things high-tech, should be an obvious opportunity for online-music sales. A survey by Japan's Nikkei Business Daily found that 47% of respondents would buy music from iTunes if they could. But Sony, the obvious candidate...
...iPod. And Asia may soon get its first regional digital-music store; Singapore's Soundbuzz, co-founded by a former MTV Asia exec, plans to move into Hong Kong, India and Taiwan by year's end. Have the music biz's blues turned to blue sky? Many think so. Downloading "will be as big as the cell-phone market," predicts Sim Wong Hoo, CEO of Creative, a maker of MP3 players. Forrester Research says Europe's download market could grow from €53 million this year to €3.5 billion by 2009. Still, most services are limited...