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Spending On Digital Media To Reach $7.8 Billion

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Online user-generated video content was huge in 2006. 2007 has the potential to be a good year for the TV and movie industries as they enter the digital arena and hope for the success that the music business has been able to achieve with paid content. US consumer spending on digital music, movies and TV was 1.3 billion in 2005. Amazon and Del.icio.us | Digg | Reddit | Furl Mike is a staff writer for Murdok for the latest ebusiness news.

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