Vindicates commitment to B2B.
According to WSJ, PlayPhone doubled its revs to $100 million in 2009, largely by building the architecture content transactions on behalf of major brands such as Walt Disney Co, Song BMG Music Entertainment and WalMart.
Meanwhile its own service flourished on the basis of a $5 subscription plan and a premium $10 plan, each of which includes a certain amount of free content.
The company has also expanded dramatically into international markets, and now operations in London, Brazil and China.
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