Disney sells 125,000 movie downloads via Apple’s iTunes Store in first week

“Walt Disney Chief Executive Robert Iger on Tuesday said the company sold 125,000 movie downloads worth $1 million in revenue through Apple Computer Inc’s iTunes online music store in the first week Disney movies were offered,” Gina Keating reports for Reuters.

“Iger told a conference of analysts the company expects to take in $50 million in added revenue during the first year of the iTunes movie download program, which was unveiled by Apple on Sept. 12,” Keating reports.

Keating reports, “Disney last week became the first movie studio to offer movie downloads through iTunes. The company placed 75 titles, such as ‘Pirates of the Caribbean: Curse of the Black Pearl’ and ‘National Treasure,’ on the Web site.”

Keating reports, “Iger said the number of films on iTunes would increase as Disney clears the broadcast rights to move them to the Web… Iger said Disney stood to benefit from further content sales through its Apple partnership when the computer company rolls out a device, code-named iTV, in the first quarter of 2007 that allows consumers to stream movies, music, photos, podcasts and TV shows from the Web to home media systems.”

Full article here.

See Disney movies via iTunes Store here.

[Thanks to MacDailyNews Reader “Kevin P.” for the heads up.]
You can bet all of the other studios just took notice of this news. Just wait until Apple’s “iTV” is available.

Steve Jobs gives sneak peek of Apple’s “iTV” wireless set-top box:

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62 Comments

  1. Soon in the news: Hollywood flocks to iTunes.

    No one will sit on the fence, certainly not as long as the music labels and then TV studios did. This time the join in rush will start sooner.

    1 Million in a week? That’s freaking amazing.

    Dvorak, where art thou?

  2. Hmm. I thought this movie download thing was destined for failure? Where are you nay-sayers now? Hmm?

    Be sure to play the other side of the argument now: “Mac sheeple will buy anything Steve blesses.”

    — If you build it, they will come.

  3. That’s only an average of $8.00 per move. Most are more expensive than that. Is Apple actually getting a chunk of the sales price? If so, Wall Street better up the earnings estimates for the next couple of quarters.

  4. Can you burn the iTunes-purchased movies to DVD?

    I think it’s great that they sold so many in one week (though we all must admit that most of it is out of plain old curiosity), but unless I am allowed to burn them to DVD, then forget it.

    (I don’t want to have to pay $300 for an “iTV”. That’s a significant part of my entertainment system!)

  5. Top Movies:
    1. Pirates (of course)
    2. National Treasure (saw it and can’t imagine why anyone would want to own it)
    3. The Wild
    4. Hitchhiker’s Guide
    5. Gone in 60 Seconds
    6. Remember the Titans
    7. Good Will Hunting (thank god Ben Affleck gets residuals)
    8. The Incredibles
    9. O Brother, Where Art Thou?
    10. Flightplan

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