| Cha-Ching! The ringtone industry struck a popular | | | | taking over the CD market sales-wise; the |
| cord among teenage cell phone owners. The | | | | industry wants you to buy expensive CD before |
| ability to purchase a taste of their favorite song, | | | | a cheap ringtone. Publishers or songwriters are still |
| tune or sound without having to shell out cash for | | | | getting a royalty, but at a lesser percentage. |
| the entire CD version is the number one | | | | Experts predict the mobile phone and ringtone |
| motivating factor among this industry's largest | | | | industry to dip even farther into the music |
| market group - mainly defined by the ages of 13 | | | | industry. Marriages of technology like iPods, which |
| to 24. This segment certainly isn't afraid to drop | | | | can hold more ringtones with longer versions and |
| some money on a frequent basis to get the | | | | play with the clarity of a DVD, are expecting to |
| monophonic or polyphonic sound that makes their | | | | enter the market soon.Many teenagers continue |
| cell phone sound the coolest. From short jingles to | | | | to enjoy downloading their favorite tunes through |
| song excerpts, the teenage population is | | | | their mobile phone or off online sites, although |
| continually updating their particular cell phone with | | | | many phone services are offering promotions |
| the latest available reports that teens don't want | | | | with free ringtones. Most teenagers don't think |
| the few ringtones that come with their phone and | | | | twice about exchanging their minutes for |
| they'll pay to add to their collection. Due to this | | | | ringtones. Ringtones turn up with various sounds. |
| buying behavior, this group is the ringtone | | | | From full versions with or without tunes to |
| industry's largest market. In fact, over 40% of | | | | acoustic or synthesized versions of familiar tunes, |
| ringtone buyers fall into this category. According | | | | ringtones carry some unique sounds that signal a |
| to Wireless World Forum, this market is so huge | | | | message or call. Only mobile phones with the |
| that this young group is spending eight times | | | | latest technology can handle the newest |
| more on mobile phones than on music. Trends in | | | | ringtones, so many teenagers are upgrading their |
| the U.K. show that 10% of the total music | | | | phones. To know the most popular ringtones, |
| market is comprised of ringtones. The US market | | | | check out the top 10 music hits on the radio. |
| is also watching how this buying power is | | | | Remix sounds and original sounds however are |
| affecting CD sales. Many US teenagers are | | | | starting to make headway on the ringtone |
| spending more on ringtones than on text | | | | charts.The ringtone industry will probably continue |
| messaging. Other figures show that ringtone sales | | | | to be dominated by this age group since the |
| worldwide are about $3.5 billion, according to IT | | | | group embraces technology the most. |
| Facts ( music industry isn't joyful about ringtones | | | | |