Ringtones Make Up 10% Of Worldwide Music Revenue

Posted on: February 14th, 2007 by Jeremy Schoemaker

In the new issue of Playboy (page 25 bottom left) they claim “10% of the worldwide music industry revenue comes exclusively from ring-tone sales”? BTW – I read playboy for the articles and I eat at hooters for the food… seriously…

Post written by Jeremy Schoemaker

Hi I am Jeremy Schoemaker and ShoeMoney.com is my blog. 99% of the post here are done by me but you will see others occasionally make guest posts. This blog is fun to write but for my day job I run several online companies.

More about Jeremy at http://www.shoemoney.com!

Have You Read:

16 Comments. What Say You?

  1. ritchie
    June 4, 2007 at 2:32 am

    The food is great at Playboy Mansion! :-)

  2. Nathan Hannig
    March 11, 2007 at 4:00 pm

    that is pretty high, a lot of music must sell

  3. wildbluff_matt
    February 27, 2007 at 9:04 am

    Wow. 10%?? Why would anyone (or at least so many people) be buying those when you can make your own. A guy I work with keeps changing around 80’s songs that he rips himself. His latest, Final Countdown by Europe. I think he got that from GOB on Arrested Development.

  4. morgan thomas
    February 14, 2007 at 2:39 pm

    I never understood hooters wings, who eats the wing tip? plus they don’t come broken down already its the whole wing. When I get wings, it better be no wing tips, the have to be split, and I hate ones that have broken bones. When I moved to pittsburgh I went to a bar and ordered wings, I’m used to them being split and I ordered 24 wings, I ended up getting 48 wings….. I wondered why they were so expensive……….

  5. Tyler
    February 14, 2007 at 12:42 pm

    I still don’t know who has better Breasts and Thighs…Colonel Sanders (KFC) or Hooters?

  6. ShoeMoney
    February 14, 2007 at 12:00 pm

    haha me and Aaron Wall took one of the people to hooters in san antonio the day before the elite retreat started

  7. CPA Affiliates
    February 14, 2007 at 11:57 am

    WOW thats actually more than i would have thought. I was figuring more like 5% but i guess there are those teens that want a new on daily!

  8. Mark B
    February 14, 2007 at 11:47 am

    You can pay $2 for a song and don’t even get the whole thing as a ringtone. Or you can pay $1 at iTunes and get the whole thing but not be able to use it as a ringtone. So, combine the two and Apple gets super rich, puts a small dent in ringtone sales and then wields even MORE power over the music industry while Cingular gets a nice check for having the network.

  9. Nils
    February 14, 2007 at 10:17 am

    Making money with ringtones is cool and all
    but damn.. that clearly shows the stupidity of teenagers today

  10. SUP3RNOVA
    February 14, 2007 at 9:27 am

    Wow that’s really interesting. Let’s pray it stays that way.

  11. John Loch
    February 14, 2007 at 8:51 am

    I can just see elite re-treat now.

    Theory: Latest cutting edge market research explained with pictorials..
    Practice: Over Lunch :D

  12. Rex
    February 14, 2007 at 8:23 am

    Never get that punch card they try to give you, it’s evidence! Pay with Cash!

  13. Dudibob
    February 14, 2007 at 5:32 am

    yes…yes you do Shoe, just like the rest of us ;)

  14. John
    February 14, 2007 at 5:19 am

    As the saying goes, there are lies, damn lies and statistics. :) However, it is undeniable as to the rise of ringtones. The mobile phone users are traditionally the young and affluent – affected by pop music & peer pressure into being cool. These factors combined – disposable income, impulse purchasing & reverse billing (eg you don’t have to process cheques, Paypal, cash etc) are a marketer’s dream… there are plenty of people both here in the UK and abroad who have got rich on the back of ringtones.

Leave a Reply