July 30, 2003
Happy Forecasting
The downloadable ring tone market is to double its revenues to $4 billion (EUR 3.51 billion) in 2008, according to Strategy Analytics in a report entitled "Real Music Ringtones: Changing Dynamics In The $4 Billion Ringtone Market."
This report identifies the introduction of real music ringtones as the catalyst for music companies such as BMG, Sony Music, EMI, Warner Chappell and Universal, to become more actively involved in the ringtone value chain. Additionally, carriers will win the battle for consumer dollars spent on ringtone services, as they improve the shape of their data offerings, reports Telecom Paper.
emily | 2:31 PM |
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