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Paid Online Video Market to Peak in 2007

Newspaper current event by Brandon on 14 May 2007, tagged as internetnetworking

Some experts are predicting the paid online video boom, which has seen the sales of movies and television shows triple from approximately $98 million in 2006 to an expected $279 million in 2007, to peak this year. Forrester Research analyst James McQuivey, the author of the study released today, called paid video downloading via services such as Apple's iTunes nothing but a temporary flash as users wait for better ways to get content.

Traditional media distribution companies have already started to make more of their shows available for free on the Internet, including MovieLink, Wal-Mart, Amazon.com , and - most recently - CBS.

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