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STAN-THE-MAN - Thu, 30 Dec 04 :

From AOL news...............

'Ringtones have outsold CD singles this year for the first time.

Personalised ringtones have gained in popularity due to advances in technology, and have generated more than double the income of CD singles.

Ringtones generated about £120 million of business during 2004, according to figures released today by the financial services company KPMG.

Sales of CD singles continued to plummet, with recorded sales worth £55 million, down by 15 per cent.

The most popular ringtone of 2004 was the dance hit Babycakes by 3 of a Kind.

Children pay up to £4 for the latest ringtones. Urban and R&B hits dominate, with Usher, Eric Prydz and US rappers D12 among the Top Ten of 2004.

Ringtones’ profits often go to the artists and the song publishers, bypassing record companies.

The global ringtone market was worth an estimated £3 billion this year and contributed to Britain’s youth mobile phone market valued at £3.2 billion.'

Stan


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