The Ringtones.com domain sold for $750,000.
The domain was sold to Mobile Streams. After paying all expenses, the company will receive $575,000.
Ringtones.com was the first domain on which Mobile Streams' business was launched.
The company has no plans to abandon its mobile content business.
The domain's high price is explained by the market's interest in mobile apps and mobile content. Analysts predict explosive growth for this type of high-tech business.