Why doesn't the RIAA talk about the $9 billion USD in ringtone sales?

Zeropaid writes "The International Federation of the Phonographic Industry (IFPI) reported that worldwide music industry sales were about $20 billion in 2006, down from $21 billion in 2005.

But, what's odd, that seems strangely removed from the argument is the profits made from ringtones sales. Gartner Research research claims $9 billion in worldwide ringtone sales while the IFPI claims about $1 billion

Even if you take a leap of faith and say Gartner's claims must be false and say 50% of the figure is accurate, that's more than enough BILLIONS to cover the supposed $1 billion USD they lost last year. Furthermore, they're making cash on what is truly an inferior product to say the least."

emily | 7:17 AM | Random Stats |
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