Blog Post

The surprise rise of the US ringtone

Well, the only one surprised are the companies in the industry….big money is now flowing in US in the ringtones business. Stratton Sclavos, CEO of VeriSign, is seeing more than double the expected revenues this year from Jamba, the European wireless content provider he acquired last June for $273m.
Jim Voelker, InfoSpace chairman and CEO, anticipates twice as much as earlier guidance in sales this year from the US-based services developed through the company’s acquisition of Moviso in 2003. “At the beginning of the year, we were guiding for our mobile business at around $40m; at this point it’s up to $85m.
Consolidation, anyone (besides mForma?)…