Biz Briefs: Ringtone Pirates

Teens aren't inclined to pay for stuff they can get free--especially off the Internet. "We're too cheap," says a 17-year-old Redwood City, Calif., high school student. Thanks to such post-Napster sites as BitTorrent and Soulseek that offer free peer-to-peer file sharing, the teenager and her friends don't have to buy music, movies, games and TV shows online. Getting away with illegal downloading to cell phones is so easy that mobile piracy is denting the $4 billion mobile-content business. Ringtone shoplifting is one of the costliest abuses, accounting for an estimated $40 million in lost revenue since 2004. An additional $123 million...

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