WnXP2002 Posted March 12, 2003 Share Posted March 12, 2003 Mobile makers look to music as the next big revenue source.After a series of gloomy analyst reports on multimedia messaging services (MMS), mobile phone companies are looking to music as the next big revenue source.Motorola and MTV have signed a three-year, $75m (£47m) deal that will see new Motorola handsets come preloaded with MTV content and downloadable music. The two companies will also conduct cross-marketing campaigns to promote both brands, and are working on developing applications that will allow a 30-minute MTV programme to be viewed over a low-cost, mass-market handset (yet to be developed)."No brand has a bond with the next generation like MTV," said Geoffrey Frost, vice president of global marketing at Motorola. "We believe it's going to be the source of some truly new experiences: on the ground, in the air, online and on millions of pocket screens all over the world."Not to be outdone, Nokia has launched a handset dedicated to music.The Nokia 3300 has a built-in MP3 player and FM radio, a voice recorder and integrated loudspeakers. It also has inbuilt support for Java games and a couple of online games included."It's part of a trend towards youth culture," said Ben Wood, senior analyst of mobile telecoms at Gartner. "Mobile manufacturers are in a bind in Europe because the market has reached saturation. Youth is seen as the way forward and images, sound and games are key to this strategy."Source :: vnunet.com Link to comment Share on other sites More sharing options...
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