Claim your free 2010 double sided wall chart
THE ringtone, an irritant to many, has become the music purchase of choice for
teenagers after generating more than double the income of CD singles this
year.
Ringtones generated about £120 million of business during 2004, according to
figures released today by the financial services company KPMG. Sales of CD
singles continued to plummet, with recorded sales worth £55 million, down by
15 per cent.
With digital replicas of hits now available as “truetones”, the ringtones
market is set to outperform CD singles and the nascent online download
market in 2005. The most popular ringtone of 2004 was the dance hit Babycakes
by 3 of a Kind, a song created on a bedroom computer by Marc Portelli, an
East London teenager.
Children pay up to £4 for the latest ringtones. Urban and R&B hits
dominate, with Usher, Eric Prydz and American rappers D12 among the Top Ten
of 2004.
But ringtones present a challenge to Britain’s rock bands. There is not a
single guitar-based hit in the year’s Top 20. Music critics claim that pop
singles such as Britney Spears’s Toxic are being created around
a simple nagging riff with ringtone sales in mind.
Ringtones have given a new lease of life to musical curiosities. The theme to Only
Fools and Horses is just outside the Top 20, as is the music from The
Exorcist: Tubular Bells, composed by Mike Oldfield.
There are signs that mature music fans are getting to grips with the
technology. Golden oldies such as Sweet Home Alabama by Lynyrd
Skynyrd and Deep Purple’s Smoke on the Water hover just outside
the bestsellers list.
With 700,000 official music downloads being sold each month, online sales will
be merged into the Top 40 singles chart next spring. But record companies
are wary of incorporating downloads into the rundown.
Ringtones’ profits often go to the artists and the song publishers, bypassing
record companies. A 30-second ringtone is not equivalent to the purchase of
a three-minute single, traditionalists argue.
The global ringtone market was worth an estimated £3 billion this year and
contributed to Britain’s youth mobile phone market valued at £3.2 billion.
Ministry of Sound, the record label, estimates that it will generate £15
million of income from ringtones in 2005.
Although the official ring- tones chart is less than a year old, it is keenly
studied by advertisers and brand managers to discover which sounds are
driving the purchases of millions of teenagers.
Calum Chace, media consultant at KPMG, said: “The popularity of ringtones
shows that people will pay if it is delivered in the right way — convenient,
virus-free and legal.”
1 3 of a Kind: Babycakes
2 Usher feat Lil Jon & Ludacris: Yeah
3 Eamon: I Don’t Want You Back
4 Eric Prydz: Call On Me
5 Shapeshifters: Lola’s Theme
6 Outkast: Hey Ya
7 D12: My Band
8 DJ Casper: Cha Cha Slide
9 Usher: Burn
10 Special D: Come With Me
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
2004
£56,950
Essex
Check your free Experian credit report before applying
Car Insurance
£100,000
Barnardos
UK
£123,460 pa
The Law Commission
London
Southwark County Council
Competitive + bonus + benefits
Manchester United
Central London
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Includes flights, accommodation with room upgrades, transfers city tours in Hong Kong and Bangkok.
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
Choose from the beautiful landscape and tranquil beaches of Oahu, Kauai, Maui & Big Island.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.