Music companies make up for lower CD sales with singles and ringtones

This is an interesting article about how sales from ringtones and other mobile products are actually producing a substantial amount of revenue for record companies, from the article:

“According to the data, sales of the CD still accounted for roughly 74 percent of the U.S. revenue earned by the company, or roughly $17 million. But sales of an array of individual digital products added almost $6 million. About two-thirds came from ringtones of hit singles, but the figure also included roughly $330,000 from mobile phone games related to the artist and $94,000 in sales of cellphone “wallpaper,” or screen backgrounds.”