Newsflash

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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Where are the Millionaires
IQ Reports
The ranks of U.S. households with a net worth of at least $1 million grew 5% to an all-time high of 9.3 million, according to a report by TNS. The number of millionaire households has increased in each of the past four years, with the biggest growth spurt occurring in 2004, when the number of high-net-worth households jumped 33%.
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Rating the Video Sharing Sites
IQ Reports
2006 was the year that online video stopped being something you watched, and started becoming something you shared. Now there are over 300 video sharing site and more of these online video sharing sites are trying to differentiate themselves by adding contests, prizes (DareJunkies), and real revenue-making opportunities (Revver) for their users – the content creators.
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VCs Invest Record Amount in Health Care
IQ Reports
Venture capitalists invested $2.8 billion in health care companies during the first quarter of 2007—more funding than we have ever recorded for a single quarter. Total health care VC spending increased by more than 26% during Q1:07, compared with the year-ago quarter, as well as the third and fourth quarters of 2006, each of which saw $2.2 billion raised. There were 134 deals with disclosed prices announced during Q1:07, with the six largest deals each in excess of $60 million.
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