Report: Mobile streaming music revenue to eclipse download revenue this year

Global revenues from mobile streamed music services are expected to jump by more than 40 per cent this year to $1.7 billion (€1.3 billion), according to a new report from Juniper Research. For the first time, these revenues will thereby overtake those generated by full-track downloads to mobile devices. The report notes that growth in premium service adoption is increasingly being driven by operator partnerships with service providers. In Europe, several operators have seen a jump in spending on the servcies by their subscribers, notably TeliaSonera in Sweden, which bundles Spotify with TV, mobile and fixed line services. Furthermore, such services are also gaining traction in Germany, where O2 offers simfy and T‑Mobile has recently introduced Spotify. Release