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Mobile phones set to propel music industry into online age
Written by Gizmo   
Friday, 26 January 2007 18:35

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"Mobile phones are proving the savior of the struggling music industry and could be the vital springboard needed to propel the business finally into digital sales, industry experts have said.

'I believe a lot of the new revenues for the music industry will definitely come through mobile phones,' said Dominque Leguern, director of MIDEM, the premier trade fair for the world's music industry that closes its doors on Thursday.

With the number of cellphone users predicted to hit the three billion mark in 2007, and 90 percent of the world's population expected to have mobile access by 2010, this could prove a powerful shot in the arm for the music industry.

With CD sales falling and digital sales accounting for 11 percent of the current global market -- expected to rise to 25 percent by 2010 -- interest in what was happening in the mobile phone sector therefore ran high at this week's trade fair. "

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