U.S. ringtone sales have steadily increased every year since 2003, but this year Broadcast Music Inc. (BMI) is predicting that the ringtone market will see a decline. Their estimate is that sales for 2007 will be $550 million, down $50 million from 2006.
According to BMI,
"We believe that the ringtone market's growth has leveled off and the novelty phase has ended. We envision increased revenue opportunity in the streaming sectors of the mobile entertainment market, ranging from ringtones to audiovisual cellular phone TV-style offerings." According to the Yahoo buzz blog searching for
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