Summary:

Ten percent of the music sold in the world last year was ringtones: $3 billion. That figure from Jay Alan Samit, president, EMI Record Music…

Ten percent of the music sold in the world last year was ringtones: $3 billion. That figure from Jay Alan Samit, president, EMI Record Music here at the Mobile Entertainment Event just blew my mind.

“Mobile Music is a viable and profitable business today. Subscription based services provide a more predictable revenue stream. We need to work with handset makers that they have enough DRM, RAM and other functionalities so that the needs match.”

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