Jupiter has just published its European Digital Music forecasts, here are some highlights:
European PC Digital Music showed solid growth in 2006 and now represents four percent of total European music revenues. However PC Digital Music will not drive a format replacement cycle. Nor is it about to turn around declining music sales on its own, though combined with ring tone and mobile music downloads will begin to halt the slide. Yet even accounting for mobile revenues, combined PC and Mobile Digital Music will not return the music market back to itís late 1990ís heydays.