Mobile Music Numbers added up

According to data from research firm M:Metrics, only about 15% of mobile users even buy ringtones, and far less buy full songs, ringback tones and other products.

... Digital music revenue in total contributes roughly 30% to labels' overall revenue pie. Mobile makes up about half that total, with ringtones making up about 75% of the mobile figure. So at best, all other mobile music applications combined contribute maybe 3% to a label's bottom line.

[via Reuters]

emily | 3:31 PM | Random Stats |
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