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US online video worth US$7bn by 2010 NEWS BRIEF: Annual revenues from internet video services such as user-generated content (UGC), TV and movie downloads will exceed US$7bn by 2010 in the US alone, according to recent research. Next year around 85% of revenue in the sector will come from ads tied to UGC plus TV and news streams. By 2010, services for renting and downloading TV shows and movies will account for nearly 40% of the total. The projections feature in a report called Internet Video: Direct-to-Consumer Services from research firm Parks Associates. 0 11 Dec 2006 © C21 Media 2006 |
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