“Disney CEO Bob Iger tells the audience at the Digital Hollywood Media Summit that he’s sold 4 million movies and ’40 to 50′ million videos through iTunes since he launched the service in 2006,” Peter Kafka reports for Silicon Alley Insider.
“What does that mean in terms of dollars? …$122.8 million… Another reminder that digital sales aren’t going to do much for Disney or any other the other large media congolomerates’ top and bottom lines for quite some time,” Kafka opines.
Full article here.
[Thanks to MacDailyNews Reader “Mike in Helsinki” for the heads up.]
Does Kafka know that Apple and the studios, including Disney, just turned on iTunes Movie Rentals or is he just playing dumb?