October 10, 2003
First «Ringtone of the Year Award»
Urban World Wireless, a leading content provider for urban entertainment news and lifestyle and Mobile Entertainment Forum, the global trade association representing mobile entertainment industry leaders, announced the first ever «Ringtone of the Year Award», according to Rap News Direct
"Rap Artist 50 Cent of Interscope Records will be honored with the first ever «Ringtone of the Year Award» on October 22 in Las Vegas, during the CTIA event.
The ringtone version of the song «In Da Club» has been downloaded over 500,000 times, making it the most successful downloaded ringtone in U.S. mobile entertainment history.
According to research firm IDC, ringtone sales have skyrocketed to a $5 billion business in Japan and Europe. In the U.S., ringtone sales, while trailing Europe and Japan, are growing rapidly and are forecasted to reach $50 million by the end of this year, twice the dollar volume of CD singles".
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