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Digital Music Sales to Hit $1.7 Billion in 2009
JupiterResearch, a division of Jupitermedia Corp., forecasted that digital music sales will more than double by the end of 2004 as compared to last year, reaching more than $270 million and will grow to $1.7 billion in 2009, totaling 12 percent of consumer music spending. The company predicted that digital sales will not replace CDs, nor will it bring music sales back to its 1999 peak.
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