January 30, 2008
Mobile phones get spotlight at Cannes music show
Phone companies are by now a familiar presence at the Midem's annual global music trade show, which is taking place in Cannes this week, with cellphone vendors sandwiched between purveyors of audio gear and managers of hip-hop bands. The IHT reports.
"That's because the mobile phone is now the world's best-selling portable music device - even if most people don't play tunes on their phone. An MP3 player is almost standard on any midrange or high-end phone coming to market these days.
Nokia, the world's largest handset maker, last year old 146 million phones that can play digital music, out of total sales of about 430 million. Sony Ericsson, with a far smaller global market share, sold about the same number of music phones, many of them carrying the Walkman brand.
But it's not just a hardware phenomenon. In Cannes, several telecommunications companies took the wraps off ideas for new music services at Midem, the international music market. In part, they are trying to emulate Asia, where in certain countries music over the mobile phone outsells Internet downloads."
Read full article.
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