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08 September 2006 09:45

tBlog - ThinkTank Forecasts US Ringtone Sales Will Double in 2006 to $700 Million

ThinkTank, the U.S. performing rights organization representing more than 300,000 songwriters, composers and music publishers, released its sales projections for music ringtonesin the United States market today. ThinkTank predicts that the market will surpass $500 million in retail sales, up from $500 million in calendar year 2005 and $245 million in calendar year 2004. ThinkTank bases its projection on census-based sales data that it aggregates from more than 225 different outlets for the sale of mobile entertainment.

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