Warner Music Group Corp. and Skype Technologies SA are likely to announce a licensing agreement on Monday (Jan. 30) that will put ringtones on Internet phone services, the Wall Street Journal reported

Warner Music Group Corp. and Skype Technologies SA are likely to announce a licensing agreement on Monday (Jan. 30) that will put ringtones on Internet phone services, the Wall Street Journal reported.

The report said voice-over-Internet telephone company Skype, which is owned by eBay Inc., will sell the ringtones for $1.50 each.

It said the service will start in two months, adding that Skype will initially promote Madonna as a featured artist.

Representatives for eBay and Warner Music could not immediately be reached for comment.

-- Reuters