According to a report released by China’s Ministry of Culture, online music content and service providers earned around 2.3 billion yuan ($349.8 million) last year, a 14.4 percent jump from 2009. 2.02 billion yuan, or a huge 90 percent of the total revenue, came from wireless music services via mobile phones, including ringtone and music downloads — a year-on-year rise of 9.8 percent. While the revenue from online music services via personal computers remained a meager 280 million yuan, it increased significantly year-on-year by 64 percent, said the report.
More than 600 million people, or 70 percent of mobile phone subscribers, used music services in China which resulted in 27.9 billion yuan in revenues for telecom companies that charge for online music services."
Source: Data from CNNIC, reported by The Next Web, 10th March 2011
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