Parks Associates: Internet video revenues to exceed $7 billion in 2010.(MARKET INTELLIGENCE)

Annual US revenues from Internet video services--spanning user-generated content to television shows and movies--will exceed $7 billion by 2010, according to Parks Associates' "Internet Video: Direct-to-Consumer Services." The report also notes that this growth will accompany an ongoing shift toward greater parity between the revenue sources. In 2007, approximately 85 percent of revenue will be from advertisements attached to user-generated content and television and news streams. By 2010, services for renting and downloading TV shows and movies will account for nearly 40 percent