The interest for wireless entertainment products is growing in the US, as a press release commenting the Global Wireless Summit in LA explains. The predominant opinion of panelists was that 2004 will see doubling if not tripling of mobile content revenues, and that ringtones may eclipse singles sales for the music industry.
Actually the article’s title on Cellular News is not a question, rather it’s a statement, based on a recent research by In-Stat/MDR. They found out that found that “13.2% of U.S. wireless subscribers are extremely or very interested in purchasing video services for their wireless phones”. Are we sure this is a good news? With all the respect, Americans don’t even know how to send sms (probably they simply don’t care). How come they are willing to pay for video content? I feel like wireless industry players in the US are trying to build up an hype about the market, exaggerating about present and future growth. Let’s keep feet on the ground, trying not to spoil the real market potentials.