• iTunes: $1m in movies sold in first week

    Tuesday, September 19th, 2006

    Disney chief executive Robert Iger said today that in the first week of the iTunes movie store, the company sold 125,000 movies and generated $1 million. Iger said Disney expects about $50 million in revenue for the year. Disney’s 75 titles are currently the only movies available in the iTunes movie store.

    For comparison, Apple sold about 1 million songs in its first week online, thus generating about the same amount of revenue. Our previous coverage of the iTunes movie store is here.

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