Cell Phone Ringtones hears the sound of Cha-ching
One market study values the ringtones industry at $300 million per year. At an average of $1.99 to $2.49 per ringtone, it defies rational economics. In fact, ringtones of pop music can be even more popular than the actual music itself and they even has its own Billboard chart.
Read the rest of the article at newsday.com.
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