Apple sold more than 125,000 movie downloads in the first week that full-length movies were available from the iTunes Store. Disney accounted for all of the movie downloads, which Disney CEO Robert Iger said brought in $1 million in revenue for the company. Apple added 75 movies from Disney and three of its studios—Pixar, Miramax Films and Touchstone Pictures—to the iTunes Store last week following a special event in San Francisco. Iger said he expects the iTunes movie downloads to generate $50 million in added revenue during the first year.
iTunes Store sells 125,000 movies in first week
By LC Angell
LC Angell
LC Angell was a senior editor at iLounge. Angell is known for her work on various aspects of the Apple ecosystem, including iPhone, iPad, and iPod. In his role at iLounge, Angell was responsible for a wide range of editorial content, including reviews, buyer's guides, news, and features.