Started as a Gimmick, Ring-Tone Sales Near $1 Billion: I will forever be amazed at the market for ring-tones…I can bet there are at least 50 companies marketing ring-tones in U.S. alone. “A new study released Wednesday by London-based Informa Media Group said that authors’ collection societies collected $71 million in royalties from ring-tone sales in 2002, up 58 percent from the previous year…the royalties figure — which is typically 10-15 percent of the total sales from ring tones — would suggest that the overall market is over $700 million annually, and quite possibly as high as $1 billion. The proceeds are divided between operators, labels and the artists.”
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post