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Mobile music is 40% of record company digital revenues

I’m trying to think exactly what ‘digital revenues’ are. I suppose that’s places like iTunes then, right? So 40% of your digital revenues are coming from mobile? Hmmm.

Link: Free Interactive Webinar Hosted by Bango

Mobile music now accounts for approximately 40% of record company digital revenues, according to the IFPO.  This is a significant market with digital music spending in the US forecast to reach $2.5bn in 2011.  The fastest growing sector of the mobile music market is off-deck where content owners are in control and experience higher margins and more repeat sales.  Find out why going direct-to-consumer is so compelling.