Global market for cellphone ring tones is shrinking
NY Times
By Victoria Shannon
After years of double-digit growth rates, the global ring tone market appears to have come to the end of its crescendo, according to a variety of measures.
In some parts of the world, ring tone sales are actually declining, and the former ring tone kings, like Jamba of Germany and Musiwave of France, are refocusing their businesses on other ways to personalize cellphones.
A couple of years ago, there seemed to be no upper limit to the sale — for a couple of euros, or $3 to $4 — of snippets of music that blast out of cellphones. Billboard magazine created a “hot ring tones†chart in 2004 to track their popularity