Wednesday, March 05, 2003

$1.3 billion spent on online content in US in 2002

US consumers spent $1.3 billion for subscription services online in 2002, a 49 per cent rise in the market, according to a study commissioned by the Online Publishers Association. Most of it wasn't on news, of course. Online dating sites were the big winners, accounting for $302 million. Micropayment grew by 707 per cent, but still only accounted for less than 1 per cent of the total revenue.
(From CNet News.com)

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