Xbox Live Video Expected To See Significant Revenue Growth
Emerging Media Dynamics has issued a report that predicts the future revenue growth of the Xbox Live Video Marketplace, where users can buy TV shows and rent movies for download at a low price. They predict revenue for 2007 to hit $92.25 million, and to increase eightfold over the next four years, achieving an impressive $726 million by 2011. That’s a healthy chunk of the market for offline video rentals, expected to shrink to $6.2 billion by 2010, and a solid health factor that will help bring the third Xbox to market.
