A sign of the times:
Consumers worldwide will buy more multimedia mobile phones than TV sets this year, according to a new report from Research and Markets.
The Dublin, Ireland-based firm predicts that 300 million such phones that can play audio and video and browse the Internet will be sold in 2008. Its new report, "Mobile Media 2008: The Third Screen for Entertainment," also found that half the world's population, or 3.3 billion people, now have a mobile phone subscription.
And what does that mean?
"The potential size of the market for mobile media is staggering," the report noted. "The thought of several billion consumers carrying around a hand-held device that is capable of playing video and audio entertainment is making content creators salivate."
Read more at the Hollywood Reporter.
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