Those links are for ARBA. I'm looking for your take on LQID, and how they are going to dominate in the short-term. Any short term price advance will be due to traders..obviously, I want my stock to go up, but it will have nothing to do with their (dominance). Like I said, dominance will be down the road.
Here is something you should read:
Defensive Stance on MP3 Distracts Industry from Potential of Digital Distribution Profits; Selling CDs, Not Digital Files, Will Dominate $2.6 Billion Market
NEW YORK--(BUSINESS WIRE)--July 19, 1999--After over a year of turmoil surrounding digital distribution, music industry players must adopt a less defensive tact, using digital distribution aggressively as a tool to market and sell music, according to new research by Jupiter Communications. The Jupiter research, which launched the first session of Jupiter's fourth annual Plug.In music forum today in New York, projected that revenue from digital distribution will reach just $147 million by 2003 (comprising 5.7 percent of online music sales). In the near term, however, downloadable music will serve as a powerful driver of the larger market of physical online music sales, which is expected to exceed $2.6 billion by 2003.
Jupiter believes that the next five years will serve only as a prelude to mass-market acceptance, which is currently hindered by bandwidth constraints, lack of music availability, the presence of a free alternative (i.e., MP3), and a dearth of portability solutions (e.g., penetration of CD-R and portable devices). Digital distribution marketing initiatives will serve to sell more CDs than digital files over the course of the next few years. "Industry players have been so eager to dampen any momentum MP3 had as a format that the great benefits of digital distribution--including use of MP3--remain vastly underexploited," said Mark Mooradian, senior analyst for Jupiter Communications.
Labels, along with other media and entertainment ventures on the Web, must, for the first time, gather consumer data about their bands' audience in order to build new business models through avenues such as merchandising and touring. Record labels must adopt a direct marketing mind-set and understand exactly who their audience is in order to build these new business models. "Control of customer data stands to be the single greatest issue of contention between artist management and labels in the next two years," added Mooradian.
Online music sales represented roughly 1.1 percent of the $13.7 billion in total US recorded music sales for 1998. Beyond digital distribution, Jupiter research shows that the most profound revenue change in the near term will come from established media: CDs, tapes, and records. By 2003, online sales of traditional recording media will account for $2.6 billion, capturing 14.0 percent of the total US retail music market.
This Jupiter music research is just one of the topics being discussed during Plug.In. Now in its fourth year, Plug.In includes industry luminaries such as Strauss Zelnick, president and CEO, BMG; Danny Goldberg, president, Sheridan Square Entertainment and Artemis Records; Fred Siebert, president, MTV Networks Online; Chris Blackwell, chairman, Palm Pictures; Rob Glaser, chairman and CEO, RealNetworks; and David Watkins, president, RioPort. These industry leaders will join more than 800 attendees to discuss "The Future of Music." Topics will include record label strategies, digital distribution, music-oriented online content, intellectual property issues, and more.
In conjunction with Plug.In, delegates can attend the Digital Club Festival (www.digitalclubfest.com), taking place from July 20 through 23. Now in its fifth year, the Digital Club Festival is the world's largest online music event, combining the excitement of live music with cutting-edge, interactive technology. Founded by co-executive producers Andrew Rasiej and Michael Dorf, the Digital Club Festival uses the Internet to create a high-tech platform for musicians to reach a global audience. More than 350 bands will perform throughout 20 Manhattan nightspots over the course of the four-day event.
Plug.In is produced in association with Michael Dorf, president and CEO, NetMedia, and Andrew Rasiej, president and CEO, Digital Club Festival. Sponsors of Plug.In include BPI Communications Inc., Digital Club Festival, InterTrust Technologies Corporation, Viant Corporation, POLLSTAR, Wired Magazine, GlobalFulfillment.com, HSX.COM, LAUNCH, CDDB, Live365.com, Audio Explosion Inc., and RealNetworks Inc.
Jupiter will produce four additional forums in 1999, including the Jupiter Online Advertising Forum, Jupiter Financial Services Forum, Consumer Online Forum Europe, and Jupiter Entertainment ForumTo register or to receive further information on Jupiter forums, contact Jupiter at 212-780-6060 x424 or 800-773-4545 x424, or visit Jupiter online at www.jup.com.
Jupiter Communications is a new media research firm that helps companies make intelligent business decisions about consumer interactivity. Focused exclusively on the way the Internet and other technologies are changing traditional consumer industries, Jupiter's Strategic Planning Services (SPS) deliver a continuous flow of analysis, primary data, and market projections. SPS offers companies investing in new technologies a framework for realizing return on investment--both for new lines of business in mainstream media, entertainment, commerce, and marketing, as well as for Internet- and technology-based start-ups. Jupiter also produces industry seminars, newsletters, and book-length research studies. Established in 1986, Jupiter Communications, LLC is an independent, privately held company with offices in New York City and London as well as a joint operation in Sydney, Australia.
CONTACT:
Jupiter Communications
Diane Schreiber, 415/876-6060
E-mail: dianes@jup.com
or
Jupiter Communications
Michele Husak, 212/780-6060 x208
E-mail: mhusak@jup.com |
