MEF study shows optimism in mobile entertainment industry

Companies in the mobile entertainment industry are still optimistic about its potential for future growth, according to a new study.Research by the Mobile Entertainment Forum (MEF) found that confidence in the sector is high, despite the ongoing turmoil in the global economy.Indeed, respondents to the survey believe revenue from mobile entertainment will rise by more than a quarter in 2009.Social networking was highlighted as one of the main drivers of growth in the industry, as more and more mobile internet users are expected to access sites such as Facebook and MySpace through their handsets.Music, video and games were also expected to be in high demand among consumers over the coming months.Rimma Perelmuter, executive director at MEF, commented: "I believe that the positive outlook reflects [the return on investment] that our industry expects to see in 2009."He added that the MEF will be working with its members over the next few months to help them capitalise on various opportunities for growth.

http://bluespotmedia.ning.com/