Feeds

Disney 'very, very bullish' on early iTunes movie downloads

Zip a dee do dah,

The Essential Guide to IT Transformation

It's only been a week since Disney plonked a load of movies on Apple's iTunes store, but already the studio is squeaking about how well it's all going.

"We are very, very bullish on consumption of electronically delivered media," CEO Robert Iger told Wall Street analysts Tuesday.

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. ®

Bootnote

The Entertainment Retailer's Association yesterday announced an agreement to end the farce of weighting the singles chart in favour of physical sales in the UK. Some 78 per cent of single sales are now digital, but until now the rules have meant the chart ignores all downloads until a week before the physical release and disregard those two weeks after it is deleted.

According to Music Week, current number one "I don't feel like dancin'" by the Scissor Sisters clocked up 45,000 online sales before it was eligible for the chart.

The new regime comes into effect at the start of 2007, so long as it is ratified by record companies and retailers.

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.