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…
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Jeremy Schoemaker – who has written 2416 posts on ShoeMoney.com.
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.
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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.
yes…yes you do Shoe, just like the rest of us
Never get that punch card they try to give you, it’s evidence! Pay with Cash!
I can just see elite re-treat now.
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Wow that’s really interesting. Let’s pray it stays that way.
Making money with ringtones is cool and all
but damn.. that clearly shows the stupidity of teenagers today
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.
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!
haha me and Aaron Wall took one of the people to hooters in san antonio the day before the elite retreat started
I still don’t know who has better Breasts and Thighs…Colonel Sanders (KFC) or Hooters?
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……….
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.
that is pretty high, a lot of music must sell
The food is great at Playboy Mansion!