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FILE SHARING IS NO LONGER JUST A PROBLEM FOR RECORD LABELS - BROADBAND SERVICE PROVIDERS ARE BEING SWAMPED WITH FILE-SHARING TRAFFIC
(London, U.K. - February 10, 2003) - The latest findings from Jupiter Research, a division of Jupitermedia Corporation (Nasdaq: JUPM), reveal that file sharing activity in Europe is growing at a phenomenal rate, causing serious problems for broadband Internet service providers. The swapping of MP3 music files and in some cases movies, creates huge volumes of data traffic placing a massive burden on broadband service providers with many of them struggling to manage their networks.Jupiter Research interviewed executives at Europe's leading broadband providers and a quarter of those questioned said that in excess of 75% of their subscribers used file sharing networks at least once a month. Some broadband providers have reported that more than 50% of the traffic on their networks results from file sharing.
Already, a handful of European Internet service providers, including T-Online (Europe's largest) have imposed monthly data limits for broadband subscribers, and Jupiter Research estimates that by the end of the year data limits will be the rule, not the exception. This means that for the first time broadband users will have to start thinking carefully about what they are downloading and how much data they might be using. If they exceed their monthly data limit they will be liable to pay for extra data.
According to Olivier Beauvillian, Analyst at Jupiter Research, "Although not the only factor in driving Internet users to broadband, file-sharing has proven to be broadband's first 'killer application.' As well as being a big problem for record labels and the Hollywood studios alike, Internet service providers are beginning to suffer too - under the heavy weight that file sharing imposes on their networks. Not wanting to take on the file-sharing networks in court, the best solution for broadband service providers to address this issue would be to impose monthly data limits on their subscribers."
For more information, please contact Jupiter Research:
Olivier Beauvillian
Tel: + 207 665 9574 / e-mail: [email protected]
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (www.jupitermedia.com)
headquartered in Darien, CT, is a leading provider of global real-time news, information, research and media resources for information technology and Internet industry professionals. Jupitermedia includes the internet.com and EarthWeb.com Network of over 150 Web sites and 175 e-mail newsletters that generate over 200 million page views monthly. Jupitermedia also includes Jupiter Research, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 10 vertical markets. In addition, Jupiter Events include nearly 40 offline conferences and trade shows focused on IT and business-specific topics.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release which are not historical facts are "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The potential risks and uncertainties address a variety of subjects including, for example, the competitive environment in which Jupitermedia Corporation competes; the unpredictability of Jupitermedia Corporation's future revenues, expenses, cash flows and stock price; Jupitermedia Corporation's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia Corporation's international and venture fund investments; any material change in Jupitermedia Corporation's intellectual property rights and continued growth and acceptance of information technology and the Internet. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia Corporation's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia Corporation assumes no obligation to update the forward-looking statements after the date hereof.
Jupiter Research's European Offices:
U.K.
131-151 Great Titchfield Street
London W1W 5BB
Tel: +44 (0) 207 665 9570
Fax: +44 (0) 207 665 9579
FRANCE
4 place de la Defense
92974 Paris la Defense Cedex
Tel: +33 1 5858 0032
Fax: +33 1 4828 2136
SWEDEN
Sodermalarstrand 29
S-118 25 Stockholm, Sweden
Tel: +46 (0) 8 556 085 02
Fax: +46 (0) 8 692 65 01
All current Jupiter Research press releases can be found online at www.internet.com/corporate/press.html.
All current Jupitermedia Corporation press releases can be found on the World Wide Web at http://www.internet.com/corporate/press.html.
