UPDATE & ANALYSIS: Proving once again that new technologies can monetize music and content in ways that we have barely
imagined,Internet phone service Skype has inked with Warner Music to sell ringtones for the home. Skype which is owned by eBay
will sell songs in much the same way that cell providers do – as replacements for traditional sounds downloaded for a per song fee.
VOIP and cell companies are offering ringtones; can traditional wired phone providers be far behind.WMG deserves credit for being among the first record labels to tap the VOIP market (EMI’s Coldplay is currently involved in a promotion with Skype for their new single "Talk"). This move by Warners comes hot on the heals of their successes with Madonna who used the net so effectively that she hit the #1 spot in 29 countries simultaneously in 2005 despite receiving 40% less radio airplay than the average #1 single.(Read the full Hypebot story here.)