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[ 12.August.2003 ]
Ringtone Boom!
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).
An estimated £70m of ringtones will be sold in 2003 - up from £40m in 2002 - according to the MDA, a non-profit trade group.
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