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Tuesday, September 19, 2006

Disney CEO Expects to Sell $50 Million on iTunes in One Year

That's the essence of this AP story. Disney CEO Bob Iger also said they'd sold 125,000 digital movies in the first week on iTunes, generating $1 million in revenue. (Disney, of course, is the sole studio selling full-length feature films via iTunes.) The AP's Gary Gentile adds, "Iger said selling shows online has not cannibalized sales of DVDs, nor has it hurt traditional TV viewing."