January 14, 2004

Ringtones Ring Up Huge Sales; Or Do They?

Well, after yesterday's report that the ringtone market has flattened and will decline soon, comes another report that sales of ringtones last year jumped 40 percent in the past year to $3.5 billion. The report, by Arc Group, says that the totoal market is roughly equivalent to 10 percent of the $32.2 billion global music market.

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