01 Aug 2005
Ringtones are not the fast route to riches for mobile operators that they once were, according to analysts.
A mixture of competition, alterative applications and a ringtone scams has brought an end to the boom times for ringtone providers, Canalys reported today.
“There is a shift toward monthly offers rather than one of sales and more teenagers want music on their phones as opposed to just a ringtone.,” said Canalys analyst Chris Jones.
The ringtone market has also been saturated with market players. Leading names like Infospace and Monstermob compete against hundreds of small players touting services via advertising slots in free magazines.
According to the Canalys, downloading ringtones is increasingly being seen as something of a fad that has also been damaged by criminal activity that saw thousands of youngsters sign up to services on subscription agreements in error as well as being charged for receiving extra text messages. Unsubscribing from such services was often difficult or, in some cases, almost impossible to do.
There is now an increasing trend to move away from ‘polyphonic’ versions of famous tunes to short clips of original music known as ‘truetones’ or ‘realtones’.
The ringtone market currently accounts for between 6 and 10 per cent of music industry revenues worldwide, according to Jupiter Research. It is estimated that 20 per cent of mobile users worldwide have downloaded content to their phones at some time.
Latest stories from Telecoms
Related articles
Related jobs
Poll
What is the most important IT priority for your company this year?
Connect with V3.co.uk
This paper focuses on a series of best practices and techniques for development teams looking to improve their software development processes
Why good data management at all levels is essential in the modern business (video, 6mins)
Position: Infrastructure Technical Lead Experience...
Channel Manager / Sales Manager /Software solutions...
BUSINESS SALES / IT SALES / BUSINESS CONSULTANT / LONDON...
TECHNICAL SALES / ACCOUNT EXECUTIVE / SOFTWARE SALES...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?
Ringtone Rip-Off
Late on Saturday night, 23.48 on30.7.05 I recieved a call on my Mobie thanking me for my ringtone order and I would be charged GBP4 per week. The call come from "TopTone" and it said I could unscribe anytime by calling customer services anytime. I have never ordered a ringtone in my life so I tried to call customer services and it was a nightmare. There was no "Humans" on line just pre-recorded messages that were of no help at all. In the end I lefrt a message telling them that if they took any money off of my phone or sent a bill I would take Legal Advice. They have completely ignored my calls dispite several attemps to contact them. I have since been told by friends that this "Rip-Off" is common by this and other companys. How can they get away with this illegal practice and how can i stop them? Your advice would be welcome, Regards, Tony Lewry.
Posted by: Tony Lewry 01 Aug 2005