Scale of China's Internet music market reaches 2.3 billion yuan

The overall scale of China's Internet music market reached 2.3 billion yuan in 2010 (calculated with the total revenue of service providers), an increase of more than 14 percent compared with 2009, according to the report "Annual Report of China's Internet Music Market in 2010" released by the Ministry of Culture recently.

The report systematically summarized the overall situation of China's Internet music development and management in 2010.

The revenue of the online music market steadily increased to 280 million yuan in 2010, an increase of 64 percent compared with 2009. The scale of the wireless music market reached more than 2 billion yuan in 2010 (calculated with the total revenue of service providers), an increase of nearly 10 percent compared with 2009.

The scale of the wireless music market accounted for nearly 88 percent of the overall Internet music market. Telecom operators earned 27.9 billion yuan through wireless music in 2010, an increase of nearly 4 percent compared with 2009, according to the report.

By People's Daily Online

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