Five years ago ringtones were something most people didn't know about, now they are a billion dollar industry. Millions of people buy and download ringtones featuring their favorite artists, and providers are hitting the jackpot selling them. They are mostly bought by young people, although a recent survey shows women buy more ringtones than men.
Now however, that's all about to change. Introducing: videotones! Nokia will release videotones in India, which are simply music videos that will play when your phone rings. How successful will this be? Well seeing how other cell phone related businesses have been successful, and seeing how far companies will go to invent new products that will bring more money, it's a good bet that they will sell, at least for certain people.