Briefs: Internet video seen making $1.7B by 2010

Apr 06, 2006

The Internet video business will generate more than $1.7 billion in revenues by 2010, up $1.5 billion from 2005, according to research group IDC.

"The Internet video market has huge upside. With that upside, however, comes the risk to content owners of cannibalizing existing revenue streams," said Josh Martin, associate research analyst in IDC's consumer markets video program. "In order to properly take advantage of this emerging market, content owners to aggregators to consumer electronics manufacturers must understand the challenges the market faces and how to overcome them," he added.

He pointed out that more premium content offerings online and the growth of home-networking solutions that allow people to see Internet programs on TV screens will only increase demand for Internet video.

Copyright 2006 by United Press International

Explore further: Russian hackers read Obama emails, report says

Related Stories

Google's 1Q reassures investors despite earnings miss

Apr 23, 2015

Google is still flexing its moneymaking muscle even as a technological upheaval nibbles at its dominance in Internet search and European antitrust regulators question some of the company's practices.

Recommended for you

Ears, grips and fists take on mobile phone user ID

8 hours ago

A research project has been under way to explore a biometric authentication system dubbed Bodyprint, with interesting test results. Bodyprint has been designed to detect users' biometric features using the ...

Russian hackers read Obama emails, report says

19 hours ago

Emails to and from President Barack Obama were read by Russian hackers last year in a breach of the White House's unclassified computer system, The New York Times said Saturday.

Supermarkets welcome cold-comfort edge of F1 aerofoils

Apr 25, 2015

UK-based Williams Advanced Engineering, the technology and engineering services business of the Williams Group, has collaborated with UK-based Aerofoil Energy to develop an aerodynamic device that can reduce ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.