BBC NEWS | Entertainment | Music | Phone tones ‘to beat CD singles’
An estimated £70m USD112,450,207.85 (conversion and emphasis mine) of ringtones will be sold in 2003 – up from £40m in 2002 – according to the MDA, a non-profit trade group.
Music company Universal told BBC Radio 4’s Today programme that the profit margin for recent Sugababes hit Round Round was larger on the ringtone than the single.
Gee, does anyone still think the kids are interested in buying albums versus individual tracks?