Mobile subscriptions which offer unlimited music downloads on a rental basis are expected to surge in popularity and will provide the majority of mobile revenues derived from original recordings. According to a new report from Juniper Research, the market for subscription-based music rental services will reach $3.3 billion by 2012, eclipsing the market for paid-for original recordings. The global market for end-user generated mobile music revenues will rise from $8.9 billion in 2007 to nearly $17.6 billion in 2012. (PR)
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