MAM
Streaming media subscription revenues up over 100% in the US
MUMBAI: Revenue earned from streaming subscription and download media in the US is forecast to reach $1.378 billion in 2005, up 109 per cent over 2004.
This will be ther result of music services enjoying revenue growth of 397 per cent in 2004 and another 154 per cent in 2005.
The total market is forecast to reach $2 billion in total revenue in 2006, with music, sports and entertainment subscription and download revenue leading all content categories. This data is contained in a market analysis report published by AccuStream iMedia Research.
Overall, streaming media subscription and download revenue grew by 150 per cent from 2003 through 2004, 109 per cent from 2004 through 2005 and is currently forecast to increase by another 45 per cent next year.
Music (streaming and download) has been the largest content category online from 2003 through the present. Subscription music services actually led download media revenue in 2003, but positions reversed in 2004, maintained that leadership position by even wider margin in 2005 and forecast to do so again in 2006.
The download side of the business is forecast at $832 million in 2005, with streaming subscriptions at $237 million. Major brands such as Apple, Yahoo, Real Networks, AOL (MusicNet on AOL and iTunes on AOL), MLB, NFL, NBA, Nascar, StarzTicket, Movielink and many more are analysed inside this report.
AccuStream research director Paul A. Palumbo says, “Subscriber growth across a range of subscription services in 2005 have been driven by more relevant and customised product offerings better tailored to what subs have utilized in the past. These include complementary services, expanded media player capabilities and additional subscription options that include mobile and unlimited pricing models.
“Promotion is also as important as reaching subscribers willing to pay for content, convenience and portability. Witness the new marketing and promotional relationship between ESPN and MLB. These two brands have a long-term contextual relationship between viewers and content and that transcends mediums”.
Brands
Emami names Dhruv Aggarwal as chief growth officer
Former Bain partner steps in as FMCG firm sharpens growth playbook
MUMBAI: Emami Limited has appointed Dhruv Aggarwal as its chief growth officer, effective 25 March 2026, following the resignation of Giriraj Bagri.
Aggarwal joins the FMCG major from Bain & Company, where he most recently served as partner. With over two decades of experience across consulting and strategy, he brings a global perspective shaped by work across India, the US, the UK and Germany.
During his tenure at Bain, Aggarwal advised consumer, retail and media companies on large-scale transformations, business turnarounds and growth strategies. He was also closely involved with India’s startup ecosystem, guiding early-stage ventures on scaling and digital expansion, while supporting private equity and venture capital firms on investment decisions.
His earlier stints include a brief role at Barclays Capital and operational experience at Jindal Power, giving him a mix of financial and industry exposure.
Academically, Aggarwal holds an MBA from Indian Institute of Management Bangalore and has also been associated with University of Illinois Urbana-Champaign as a PhD candidate and teaching assistant.
The appointment comes at a time when Emami Limited is looking to sharpen its growth strategy in a competitive consumer market. With a seasoned strategist now at the helm of growth, the company appears set to double down on transformation and expansion in the months ahead.
