Fiercemobilecontent writes….Performing rights organization BMI released its annual projections for U.S. ringtone sales, for the first time forecasting U.S. ringback market projections as well. BMI anticipates the 2007 music ringtone market will decline to $550 million in retail sales, down $50 million from 2006; the decline should be offset in part by ringbacks, which the organization says will generate approximately $65 million this year. BMI’s estimates are based on more than 520 million individual ringtone.
Wireless Federation » BMI: Ringtone “novelty phaseâ€? fading out
BMI: Ringtone “novelty phase� fading out
- May 3rd, 2007
- 12:22 pm
