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Article: RBT brings digital music revolution to next level.
- Article from:
- Wireless Asia
- Article date:
- July 1, 2006
CopyrightCOPYRIGHT 2006 Questex Media Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Even more than the iPod and similar MP3 digital music players, the mobile phone has now become the major driving force behind the ongoing digital music revolution.
According to the International Federation of the Phonographic Industry (IFPI), digital music sales tripled to $1.1 billion last year from $380 million in 2004, as music via the Internet and mobile phones proliferated and spread across the world. Digital music accounted for about 6% of total record company revenue last year, up from practically zero two years ago. Mobile music, meanwhile, accounted for 40% of record company digital revenues, proof that the mobile phone is becoming an increasingly ...