Streaming Movies, TV, and Music Industry Will Generate $78 Billion Over Six Years, says Insight Research Corp.
BOONTON, N.J. (SEND2PRESS NEWSWIRE) — Streaming video and music distributed across the Internet, an IP TV network, or a mobile handset will generate more than $78 billion in network-derived and content-derived revenue into the U.S. markets over the next six years, according to a new market research study from The Insight Research Corporation. Streaming media refers to the transmission of digital audio and video files over an IP network or wireless network in real time or on-demand, while prohibiting users from storing the files locally.