The American ring tone market is a couple of years behind Europe and Japan's, and is just beginning to take off, with an estimated $80 million to $100 million sold over the wireless Web last year. Total music industry sales worldwide for 2002, the last year for which figures are available, were $32 billion, according to the IFPI, a trade group. Last year, cellphone users worldwide, most of them young people, spent $2.5 billion to $3.5 billion on custom ring tones. But there is no denying that ring tones, those synthesized melodies like 50 Cent's ''In Da Club'' that are programmed to play when a cellphone rings, are fast becoming a big business for record labels and mobile phone services. ![]() ![]() TURNS out, teenagers are happy to pay for digital music - as long as they are forced to listen to cheap facsimiles of songs on speakers the size of a dime.
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June 2023
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