According to the NPD Group, a research firm, 18 percent of wireless telephone subscribers in the United States - many of them tech-wise teenagers - download ring tones, at an average cost of $2.32 a pop. Informa, a British research and analysis firm, forecasts that ring tones will grow to a $6.8 billion global business in 2010 from nearly $5 billion in 2005, with the North American business growing to $1.5 billion from $510 million.Five billion dollars a year for ring tones?!
The end is near.
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