Ringtone Sales Falling

Since 2004 we've been wondering when people would get around to realizing that just because a ringtone is on a phone, it doesn't change the basic economics (which are even worse, as the industry kept trying to push the price of ringtones higher to "save" the industry). With users finally realizing that they can transfer songs they have elsewhere onto their phones as ringtones, the desire to pay huge fees just to prop up the recording industry just isn't going to work any more.