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Wednesday, September 20, 2006

Disney Gloats On iTunes Movies

Disney said it has already flogged around 125,000 downloads of the 75 films currently available at between $9.99 and $14.99, netting it $1m in sales. Revenues of $50m are likely in the first year of the arrangement, he predicted with some fairly basic sums.

More Disney movies are on their way to iTunes, subject to legal clearance.

Iger also bigged-up iTV, Apple's forthcoming Sqeezebox-style wireless streaming device for video, saying "it felt like a game-changer to me in many respects".

Iger said that his dealings with Apple maharishi Steve Jobs had been highly instructive, adding he often turns to him for advice on new media. "For me, he has become just a tremendous sounding board," the Disney boss gushed. We imagine among Jobs' advice so far has been (a) to put Disney movies on iTunes, and (b) that iTV will be super. ®
-- Disney 'very, very bullish' on early iTunes movie downloads

Wait ... they flog downloads?

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