Day: March 15, 2005
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Fluid Market for Ringtones
In the March 7th New Yorker, Sasha Frere-Jones writes about the cell phone ringtone industry which, in 2004, generated $4 billion dollars in worldwide sales (only $300 million from the US). In Korea, the ringtone market outsells the CD single market. There is a newer, higher quality version of the ringtone that is just gaining…