Ringtones Not Ringing The Register

U.S. ringtone sales have steadily increased every year since 2003, but this year Broadcast Music Inc. (BMI) is predicting that the ringtone market will see a decline. Their estimate is that sales for 2007 will be $550 million, down $50 million from 2006. WebPro News reports.

"According to BMI, ringtone sales for 2006 were $600 million; $500 million in 2005; $245 million in 2004; and $68 million in 2003.

For the first time, BMI has released a U.S. ringback market estimate. A ringback tone is a music piece that a caller hears when they call another mobile phone. They estimate that for 2007 ringbacks will generate $65 million in revenue."

emily | 11:56 AM | Random Stats |
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