Paid ringtones on the way out but still beacon of hope for…..
Posted in Advice, Business on 06.28.07 15:47

At issue:
Ringtone sales are flat. - Coolfer

“I think the ringtone business is in peril now because the operators have allowed into the market mobile phones which can sideload MP3s and use them as ringtones.” - Article in The Guardian via Coolfer

CD sales are still dropping as well:
“This decline is steeper than we expected, but in some ways it means we’ll get to the bottom faster, and after that there’s growth.” Warner Music Group Chairman Edgar Bronfman, Jr.*

Edgar Bronfman, Jr. has a funny way of understanding the ongoing CD sales plunge - Wired

His Solution:
“We’re going to be putting out video and ringtones and ringback tones, then connecting them to blogs and ticketing opportunities when the artist goes on tour, merchandising, you name it.” -
Edgar Bronfman, Jr. from *Digital Music News via Wired

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