Digital music downloads triples
Digital music sale revenue tripled in the first half of 2005 compared with 2004, figures have suggested
Digital music sale revenue tripled in the first half of 2005 compared with 2004, figures have suggested. The International Federation of the Phonographic Industry (IFPI) estimated 6% of record industry sales were digital, worth $790m (£450m).
Whilst Young Canadians are more connected than ever , and at a surprisingly early age. The second phase of the Young Canadians in a Wired World (YCWW) research project reveals that an astonishing 94 percent of young people access the Internet from home, with students as early as Grade 4 beginning to rely on the Internet to explore social roles, stay connected with friends and develop their social networks.
And our connected world online is exploding , a new blog is created every second and the phenomenon has grown 60 times larger than it was three years ago, says Technorati in its periodic 'State of the Blogosphere'. There are about 27.2 million blogs and 75,000 new ones created each day. At that rate, the blogosphere doubles about every 5.5 months.
In terms of connectivity A Pew Internet and American Life Project study found online teens are increasingly tech-savvy . Nearly nine out of 10 teenagers say they use the net, up from 74 percent in 2000, according to the Pew study.
While e-mail is seen as a tool for communicating with adults, instant messaging was proving the most popular way to chat with friends. Three-quarters 75% of online teenagers in the US have used IM, the survey found, with personalised features proving popular.
Features such as buddy icons are a popular way for teenagers to express and differentiate themselves.
And The mobile phone could overtake the internet as the most popular medium for music downloads before the year is out, the global record industry lobby group has predicted. In its 12th annual global report the International Federation of the Phonographic Industry said 3G technology would drive the growth of digital music downloads to mobiles.
And consumption habits are changing: London, 21st June 2005 – 15-24 year olds across Europe are spending less time watching TV and listening to the radio as a result of using the Internet, according to research from the European Interactive Advertising Association (EIAA), the pan-European trade organisation for sellers of interactive media. Almost half of 15-24 year olds (46%) are watching less TV, preferring instead to browse the web while 22% are listening to less radio. A third of those questioned are even reading less, choosing to consume information over the Internet.
Activities done less as a result of using the Internet:
Watching TV 46% -- Talking on the phone 34% -- Reading newspapers 33% -- Reading books 32% -- Listening to the radio 22%
Across Europe, this key target audience is spending almost a quarter of their media time (24%) online, more than reading newspapers (10%) or magazines (8%). In comparison, the average European devotes 20% of their media activity to the Internet. Among 15-24 year olds, TV continues to represent the largest share of media time at 31% with radio just ahead of the Internet on 27%.
Finally; online Chat
The EIAA research also reveals the extent to which youths are using the Internet to communicate with friends, with 58% preferring to chat to friends over the Internet. Meanwhile, over a third admit to talking less on the phone now that they are online while 26% send less text messages.
“The 15-24 age group is the holy grail for most advertisers and the EIAA research conclusively demonstrates the extent to which the internet now represents an essential media for this audience, increasingly replacing other media including TV and radio
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