Financial Times FT.com

Ringtones no longer ringing the tills

By Richard Waters in San Francisco

Published: July 31 2005 19:58 | Last updated: July 31 2005 19:58

The days of making easy money from ringtones - short clips of music for mobile phones - are over.

What has been a hugely profitable business is coming under pressure from a narrowing of the craze to a smaller group of mostly younger people, a shift in the nature of ringtones themselves, and growing competition among distributors.

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