Strategy Analytics has done a nice and simple comparison of revenues from a selected group of online media/Internet companies in Q208 (what it calls its “Digital Media Index”), and shows that revenue growth for these companies slowed to 0.8 percent quarter-on-quarter in Q208, down from 3.3 percent in the previous quarter and 3.4 percent in the same period last year. Google (NSDQ: GOOG), up 3.5 percent quarter-on-quarter, was the only one of the five largest companies that went against the general trend.
Some other conclusions:
— Fox Interactive Media (NYSE: NWS) was the fastest growing digital media company, with 55.6 percent growth in the last 12 months
— Apple (NSDQ: AAPL) iTunes was down 7.0 percent quarter-on-quarter. However this decline is consistent with seasonality for iTunes, and is in line with a 6.9 percent drop in the same period the previous year.
The conclusion: “It seems that not even an emerging sector such as digital media is immune to the global economic downturn.” Oh wait, we were part of the economy? Who knew…
|
Global Digital Media Index, Top 5 Companies (US$ Million) |
Q2 ’07 |
2007 |
Q1 ’08 |
Q2 ’08 |
|
|
$3,872 |
$16,594 |
$5,186 |
$5,367 |
|
Change % |
5.7% |
10.8% |
7.4% |
3.5% |
|
Yahoo! |
$1,698 |
$6,969 |
$1,818 |
$1,798 |
|
Change % |
1.6% |
1.9% |
-0.8% |
-1.1% |
|
Microsoft (NSDQ: MSFT) Online Services |
$688 |
$2,845 |
$843 |
$838 |
|
Change % |
10.4% |
9.1% |
-2.3% |
-0.6% |
|
Apple ‘Music Related Products and Services’ (iTunes) |
$608 |
$2,670 |
$881 |
$819 |
|
Change % |
-6.9% |
7.0% |
9.0% |
-7.0% |
|
AOL (NYSE: TWX) Advertising |
$522 |
$2,231 |
$552 |
$530 |
|
Change % |
-4.9% |
2.5% |
-11.0% |
-4.0% |
|
Digital Media Index (Quarter-on-Quarter) |
110 |
n/a |
138 |
139 |
|
Change % |
3.4% |
n/a |
3.3% |
0.8% |
|
Digital Media Index (Trailing Twelve Months) |
117 |
135 |
145 |
153 |
|
Change % |
7.6% |
7.8% |
6.8% |
5.8% |
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