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Thursday, October 05, 2006

Ringtone sales will continue to fall.

Dodgy sales techniques, piracy and full-track downloads are all being blamed as the bottom falls out of the ringtone market. Research by MusicAlly tracks UK ringtone sales growing from £34.8 million in 2000 to £177.3 in 2005, but predicts that will fall to £143.5 million this year and £78.8 million by 2007. The report also claims that misleading sales subscriptions are also a factor because users often don’t trust ringtone services.M:Metrics data for Europe shows a 42 percent drop in sale.

(Source: MocoNews.net)

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