"Premature to say ringtones will overtake CD single sales"

According to the British Phonographic Institute, which represents record labels, commenting on the widely reported prediction that sales of mobile phone ringtones could soon overtake CD singles: "It's a bit premature to say ringtones will overtake CD single sales."

Retail sales for CD singles in the UK were £ 157million last year - down from £ 189 million in 1998. Downloading a ringtone costs around £ 1 less than a CD single.

Mike Short, chairman of the Mobile Data Association, said: "We know that six to eight million mobile phone users have downloaded a ringtone but some people have done it many times. That still leaves around 42 million users who haven't downloaded a ringtone yet, which offers huge potential", reports The Mirror

emily | 12:45 AM | Random Stats |
The Permanent Link to this page is: http://www.textually.org/ringtonia/archives/2003/08/001384.htm