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The market for subscription-based music rentals would reach $3.3 billion in 2012, outpacing spending on original recordings. The global market for end-user generated mobile music revenues will rise to nearly $17.6 bln in 2012, from $8.9 bln in 2007. Total revenues from original recordings delivered to handsets, including both purchases and rental subscriptions, will increase to $6.1 bln in 2012 from $960 mln 2007.
 

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Consumers Keeping Tight On Costs
IQ Reports

Following a financially optimistic January 2010, US consumers are tightening their purse strings this month. The Next 30-Day Retail Index, which represents the number of electronics, appliances, and yard and garden equipment consumers said they’re planning to buy this month, plummeted to 6.9 from 8.9 the prior month. That’s the lowest level it has been since August of last year, according to the Consumer Reports Index.

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Smartphones Gaining the Attention of the US Market
IQ Reports

Despite a slight dip in its market share percentage, Motorola still led all mobile OEMs in U.S. subscriber market share during Q4 2009. A total of 234 million people age 13 and older in the U.S. used mobile devices by the end of Q4 2009 in December 2009. Motorola’s market share of this group dropped from 24.9% in Q3 2009 to 23.5% in Q4 2009. LG retained its number spot, incrementally increasing market share from 21.7% to 21.9%. The third- through fifth-most popular mobile OEMs, Samsung, Nokia, and RIM, also maintained their Q3 2009 market share positions in Q4 2009. Nokia’s share percentage slipped from 9.6% to 9.2%, while Samsung and RIM registered slight gains, according to the comScore MobiLens report.

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Social Networking Raising Among all Age Groups
IQ Reports

Social networking has risen among all age groups in the past few years, particularly among teens and younger adults. 73% of online teens used social networking sites in 2009, compared to 47% of online adults. Breaking down online adults into older and younger demographics, 72% of adults 18-29 use social networking sites, compared to 40% of their counterparts 30 and older, according to research from the Pew Internet & American Life Project.

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