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Tuesday, 12 August 2003

Music industry in reinvention shocker

BBC News reports that sales of mobile phone ringtones set to overtake CD singles:

Sales of mobile phone ringtones are set to overtake CD singles, according to new figures - providing a much-needed "shot in the arm" for the music industry.
Sales of ringtones - which are more profitable to record companies than singles - are expected to rise 60% this year, said the Mobile Data Association (MDA).
Most pop hits are available to buy as mobile phone rings - as are other popular tunes such as TV themes - for between 1.50 and 3.50.

It's no fun without vague comment masquerading as fact:

Steve Mayall, from trade publication Mobile Messaging Analyst, warned the music industry not to rely on ringtones. "It's a fact that piracy is definitely decimating the record industry at the moment and it's a fact that the ringtone business is starting to show quite healthy growth," he said.

It's a fact that piracy is definitely decimating the record industry? Or is that just what the record industry is saying?

In other news, BBC's Fame Academy (a Reithian attempt at Pop Idol) is offering paid-for downloads of contestants' performances. Cunning.

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