EU-5 Mobile Music To Hit $1.4B By 2012

Are you active enough in the mobile music space? EU-5mobile music retail revenues will exceed US$1.4 billion by 2012. While the UK is the biggest individual mobile music market in the EU-5, the other countries — France, Germany, Italy and Spain — are reporting sharp growth as well. eMarketer predicts that mobile music revenues in the EU-5 will more than quadruple to US$1.4 billion by 2012, up from US$267 million in 2007. Ad-supported mobile music in the EU-5 could reach US$170 million in 2012, up from US$4.6 million in 2007. Chart after the jump.