UK Ringtones to help drive music sales

Young people in the UK will spend £150 million on ringtones, ring-back tunes and downloading full songs directly onto their mobile phones during 2005, according to new research, reports Netimperative.

"Mobile Youth puts the global market for ringtones and mobile phone downloads at more than of £2bn.

Meanwhile, the amount of money spent on mobile phone music downloads will this year account for 16% of the entire amount spent on music. By 2007 this will increase to almost a quarter of all music spend, the report predicts.

In addition, the UK teenager will spend, on average, £26 a year on music for their mobile phone.

The statistics are being revealed as part of mobileYouth's annual research into young people globally."

emily | 12:25 PM | Random Stats |
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