January 23, 2006

Mobile Music Growth Curbed By Music Industry - Survey

Mobile telecommunication service operators feel record companies are demanding too high a slice of revenue from mobile music services, according to research released Sunday, reports Celluar News.

"The demands of the industry for revenue share from nascent mobile music services, such as ring-tones, are holding back the development of the sector, according to 83.7% of mobile operators questioned in research by Informa.

... Research from the International Federation of the Phonographic Industry, or IFPI, released last week, found mobile services accounted for 40% of the total digital music market. The overall digital music market leaped in value in 2005 to $1.1 billion, from $380 million in 2004.

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