Study Predicts $42.8 Billion Music Market by 2005
The global market for music could reach $42.8 billion within five years—more than $7.5 billion higher than the present level, according to a recent study by <A HREF="http://www.pwcglobal.com/">PriceWaterhouseCoopers</A> and <A HREF="http://www.wilkofskygruen.com/">Wilkofsky Gruen Associates</A>. In the about-to-be-released study, <I>The Global Entertainment & Media Outlook: 2000–2004</I>, the firms make their prediction based on buying patterns and other economic factors in several regions of the world.