
New growth area
Beancounters
are saying that the next big growth area will be dial up movies and music and it
will be the mobile phone giants that will lead the way. According to IDC,
mobile phone outfits have had enough of flogging handsets and want to get rich
by peddling entertainment and lifestyle content.
While the sales of Mobile
phones will fall this year, the manufacturers want to make a bit of cash on the
side by offering entertainment services. Aloysius Choong, IDC research
manager that no one has worked out the best way of selling these content and
services.
Last week Sony Ericsson launched a new service called PlayNow
Kiosk, which allows its handphone users in the Asia-Pacific region to download
the latest movies, television series, games and music from its retail
stores.
IDC liked the Kiosk idea because it created an opportunity for
impulse buys and instant gratification.