In an industry that constantly looks for the next big thing, ringtones are yesterday’s news. But the little snippets of music still generate billions of dollars.
Ringtone revenues are on the wane, to be sure: Broadcast Music Inc. (BMI) predicts the U.S. market will shrink for the second consecutive year, generating $510 million after reaching an all-time high of $600 million in 2006. The descent will be slower in Western Europe, according to JupiterResearch, where ringtone sales will fall from roughly $1.36 billion last year to $1.35 billion in 2011.
Analysts offer a host of reasons for the coming drop-off. Once novel, the little tunes have become pass
Ringtones: Becoming part of the artists’ rollout process : Despite slowdown, tones to pull in $510M in revenue
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The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants