Andrew
02-02-2007, 11:58 AM
Disney's iTunes sales reach 1.3 million (http://arstechnica.com/news.ars/post/20070202-8758.html) -- Ars Technica, 2007-02-02
Disney has sold 1.3 million movies in its first three months on iTunes, Disney CEO Bob Iger said in an interview (http://www.ft.com/cms/s/512d389c-b23b-11db-a79f-0000779e2340.html) with the Financial Times this week. The movie studio, which saw solid sales (http://arstechnica.com/Disney%20CEO%20Bob%20Iger) in the first eight weeks since its iTunes introduction, had downloads skyrocket through the holiday season, pushing them well past the 1-million mark.
The two movies responsible for taking Disney past 1 million sales were Pirates of the Caribbean and Cars, said Iger. However, he said (http://www.ft.com/cms/s/aa89a886-afb5-11db-94ab-0000779e2340.html) that DVD and mass retail sales of those same movies also sold well—in fact, they actually exceeded Disney's expectations on both counts. "We believe the pie is getting bigger," Iger said, emphasizing that Disney's online movie sales did not cannibalize the traditional media sales as some studios and retailers have feared.
Disney has sold 1.3 million movies in its first three months on iTunes, Disney CEO Bob Iger said in an interview (http://www.ft.com/cms/s/512d389c-b23b-11db-a79f-0000779e2340.html) with the Financial Times this week. The movie studio, which saw solid sales (http://arstechnica.com/Disney%20CEO%20Bob%20Iger) in the first eight weeks since its iTunes introduction, had downloads skyrocket through the holiday season, pushing them well past the 1-million mark.
The two movies responsible for taking Disney past 1 million sales were Pirates of the Caribbean and Cars, said Iger. However, he said (http://www.ft.com/cms/s/aa89a886-afb5-11db-94ab-0000779e2340.html) that DVD and mass retail sales of those same movies also sold well—in fact, they actually exceeded Disney's expectations on both counts. "We believe the pie is getting bigger," Iger said, emphasizing that Disney's online movie sales did not cannibalize the traditional media sales as some studios and retailers have feared.