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Ring tone sales hit $3.5 Billion...

Here's another post to Farber's list... I first heard about this from Jeremy Kashnow... "Cell phone ring tone sales hit $3.5B". I include the text below.

Does this make sense to anyone? I don't know anyone who spends money on ring tones. Who the hell is floating this economical boat?!?!

* From: Dave Farber
* To: Ip
* Date: Tue, 13 Jan 2004 17:10:40 -0400

-----Original Message-----
From: Joseph Lorenzo Hall
Date: Tue, 13 Jan 2004 12:23:12
To:Dave Farber, Declan McCullagh
Subject: Cell phone ring tone sales hit $3.5B

esp. note the last paragraph below... -Joe

---
http://money.cnn.com/2004/01/13/news/funny/ring_tones.reut/index.htm

Cell phone ring tone sales hit $3.5B

Those little jingles are turning into a big business.
January 13, 2004: 1:31 PM EST

LONDON (Reuters) - Sales of mobile phone ring tones, those tinny song
recordings programmed into millions of handsets around the world,
jumped 40 percent in the past year to $3.5 billion, according to a
study released on Tuesday.

The worldwide sale of ring tones, which started as a marketing gimmick
for music labels and mobile phone companies, is roughly equivalent to
10 percent of the $32.2 billion global music market.

[...]

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Joseph Lorenzo Hall http://pobox.com/~joehall/
Graduate Student blog: http://pobox.com/~joehall/nqb/

Posted by joebeone at Enero 13, 2004 01:50 PM