March 29, 2008

Mobile music is shooting up the charts

114422-400-0.jpg The mobile phone industry is finding new revenue by offering streaming radio and music downloads to consumers who want to consolidate their digital devices. BizJournal reports.

"Mobile phones across the globe are getting high-tech upgrades that allow them to be used as debit cards and as portable Internet devices, but music applications are among the fastest growing services for mobile phones, according to a study released in February by market researcher TNS Global Technology.

In 2007, the number of mobile phone users who listened to the radio via their phones grew 140 percent over the previous year, while 78 percent more used their phones as mp3 players, according to TNS data.

About 43 percent of mobile users across the globe access music with their phones, the report shows."

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