Ringtone sales ring up music profits

USA Today has a positive outlook article on the ringtone industry with some interesting facts:

"Ringtone sales are off the hook. And while the revenue stream is only a trickle in the $12 billion industry, it's growing feverishly as CDs slump.

"In 2005, tones pulled in $600 million, 20% ahead of estimates and more than double the 2004 take.

The year's leader, 50 Cent's Candy Shop, sold 1.9 million downloads, more than the top-selling digital song: Gwen Stefani's Hollaback Girl, with 1.2 million."

emily | 10:24 AM | Random Stats |
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