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Wednesday, April 8, 2009

Recession will slow mobile entertainment growth

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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