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Recession will slow mobile entertainment growth

Mark

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It’s another of those ‘obvious when you think about it’ press releases. Juniper Research says the recession could cut the worldwide growth in mobile entertainment revenue by 50%. Before the current downturn they’d predicted growth of more than $26 billion (around £17½ billion) in the next five years, now they’re saying it could be down to $13 billion. Mobile TV is expected to be hit hardest, followed by music and user-generated content. [Press release]

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