Articles tagged with: Ringback Tones and Ict
USA Ringback Tones to Grow to $235 Million in 2009
Music performing rights organization, Broadcast Music (BMI) has published its annual mobile music market revenue projections for 2009 and finalized its earlier figures for 2008. BMI projects that ringback tones will surpass $235 million in U.S. retail sales during calendar year 2009, up 15% from BMI's 2008 market estimate of $205 million and 68% from BMI's 2007 estimate of $140 million. BMI estimates that more than 10 million U.S. subscribers are signed up for ringback-tone services with their wireless carriers. Ringback-tone services have an industry-wide average penetration rate of approximately 4%. Subscriber penetration by carrier for ringback tones ranges from less than 2% to a high of 9%. more
Related Tags: tim, iden, vas, mobile-music, bmi, USA
